MCO Leather manufactures leather purses Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 07 direct labor hours at a rate of 511 per hout Variable manufacturing overhead is charged at a rate of $2 per direct labor hour Fixed manufacturing overhead is $18,000 per month. The company's policy is to end each month with direct materials inventory equal to 40% of the next month's materials requirement at the end of August the company had 3,080 pounds of direct materials in inventory The company production budget reports the following detto September October Novaber Units to be produced 7,200 6,700 (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 Required 2 Fequired Prepare direct materials budgets for September and October MCO Leather Die Miterials Bodyet For the Month of Sitember and October Cctober Budgeted production units) Malaris requirements per unit) Materials needed for production) Budgeted ending inventorys) Total murals requirements) Budged beginning watery Materials to be purchased) Decata con part MCO Leather manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 07 labor hours at a rate of $11 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $18,000 per month. The company's policy is to end each month with direct materials inventory equ 40% of the next month's materials requirement At the end of August the company had 3,080 pounds of direct materials in inve The company's production budget reports the following Production Budget September November Units to be produced October 7,200 4,600 6,700 (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 2 Required 1 es Required 3 Prepare direct labor budgets for September and October, (Round "OL hours required per unit" answers to one decimal place.) MCO Leather 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 MCO Leather manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 07 direct tabor hours at a rate of $11 per hout Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fred manufacturing overhead is $18.000 per month. The company's policy is to end each month with direct materials inventory equal to 40% of the next month's materials requirement. At the end of August the company had 3,080 pounds of direct materials in inventory The company's production budget reports the following Pestion de September October ovember units to be produced 4.600 7,200 6.700 (1) Prepare direct materials budgets for September and October (2) Prepare direct tabor 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 Prepare factory overhead budgets for September and October MOL Factory Oud Budget To the Month September September October Total direct labor hours de VOR DL. Budgeted variable overhead Budgeted flad overhead Total budgeted radiowy overhead
