Metlock Company is well known for its high-quality men's shoes. It manufactures all of its products in regional facilities throughout North America, trying to source DM locally when possible. Managers in the production area of one of its plants are beginning to work on next year's first-quarter budgets to ensure they'll have the necessary resources available. Sales are expected to be steady, with 3,800 pairs of shoes (one pair is one unit) budgeted in January. February and March have anticipated sales volume of 3,300 units each, while April will be down slightly to 3,700 units. In order to prevent stock-outs, Metlock's policy requires 15% of the following month's sales be held in ending inventory for all of its shoes. This policy is expected to be met on December 31 of this year. Additional DL and MOH information is as follows. Standard DL time 0.5 hours per unit DL rate $12.00 per DL hour Variable MOH rate $1.50 per DL hour Fixed MOH costs Supervisor salaries $4,300 per month Depreciation on plant assets $7,400 per month Insurance and taxes $3,700 per month (a) Prepare Metlock's production budget for quarter 1 for this facility. Budgeted Sales Volume Add Target Ending FG Inventory Total Units Needed Less : Beginning FG Inventory Budgeted Units to be Produced v January February March (a) Prepare Metlock's production budget for quarter 1 for this facility. January February March Quarter (b) Prepare the DL budget for quarter 1 for this facility. (Round answers to 2 decimal places, e.g. 15.25.) January I February $ March (b) Prepare the DL budget for quarter 1 for this facility. (Round answers to 2 decimal places, e.g. 15.25.) January eTextbook and Media $ February I March $ $ $ Quarter February (c) Prepare the MOH budget for quarter 1 for this facility, identifying total MOH costs as well as cash outlay amount for MOH. (Round answers to 2 decimal places, e.g. 15.25.) < < < < > January < < +A $ tA $ S