MCO Leather Goods manufactures leather purses Fach purse requires 3 pounds of direct materials at a cost of $4 per pound and 07 direct labor hours at a rate of $12 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour Fored manufacturing overhead is $15.000 per month The company's policy is to end each month with direct materials inventory equal to 30% of the next month's materials requirement. At the end of August the company had 2 880 pounds of direct materials in inventory The company's production budget reports the following Units to be produced September 5,200 October 6,00 November 6,200 (1) Prepare direct materials budgets for September and October (2) Prepare direct labor budgets for September and October (3) Prepare factory overhead budgets for September and October Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct materials budgets for September and October MCO LEATHER GOODS Direct Materials diget To the Moth of September October September October Budged productions needed for production Buending intory ) Pret of 4 !!! Next > -PERTY U Topi D F G H I J K L ; Required 1 Required 2 Required 3 Prepare direct materials budgets for September and October October MCO LEATHER GOODS Direct Materials Budget For the Months of September and October September Budgeted production (units) Materials requirements per unit (lbs) Materials needed for production lbs) Budgeted ending inventory (lbs) Total materials requirements (bs) Budgeted beginning inventory (lbs) Materials to be purchased lbs) Direct material cost perib Total budgeted direct materials Required 2 > 14 Next > to search Ullop Required 1 Required 2 Required 3 Prepare direct labor budgets for September and October (Round "DL hours required per unit" answers to one decima MCO LEATHER GOODS Direct Labor Budget For the Months of September and October September October Budgeted production (units) DL hours required per unit Total direct labor hours needed Direct labor rate per hour Total budgeted direct labor 1 of 4 Next > to search Uillole Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare factory overhead budgets for September and October MCO LEATHER GOODS Factory Overhead Budget For the Months of September and October September October Total direct labor hours needed VOH rate per DL hour Budgeted variable overhead Budgeted fixed overhead Total budgeted factory overhead ere to search op VERT