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need full answers to both september and october please got a question back and couldnt see any numbers MCO Leather manufactures leather purses. Each purse
need full answers to both september and october please got a question back and couldnt see any numbers MCO Leather manufactures leather purses. Each purse requires 3 pounds of direct materials at a cost of $4 per pound and 07 direct labor hours at a rate of $13 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $16,000 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 4,580 pounds of direct materials in inventory The company's production budget reports the following Production Budget October Units to be produced 5,400 September 6,700 November 6,500 (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 Direct Materials Budget For the Months of September and October September October Budgeted production (units) Materials requirements per units Saved (5) Prepare factory overead 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 Direct Materials Budget For the Months of September and October September October Budgeted production (units) Materials requirements per unit (lbs.) Matenals needed for production (lbs) Budgeted ending inventory (lbs) Total materials requirements (lbs.) 0 0 Budgeted beginning inventory (lbs) Materials to be purchased (lbs.) 0 0 Direct material cost per lb Total budgeted direct materials $ 0 $ 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct labor budgets for September and October. (Round "DL hours required per unit MCO Leather Direct Labor Budget For the Months of September and October September October Budgeted production (units) 5,400 DL hours required per unit 0.7 Total direct labor hours needed 3,780 0 Direct labor rate per hour $ 13 Total budgeted direct labor $ 49,140 $ (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 4 Prepare factory overhead budgets for September and October. MCO Leather Factory Overhead Budget For the Months of September and October September October Total direct labor hours needed 3,780 VOH rate per DL hour $ 2 Budgeted variable overhead 7,560 Budgeted fixed overhead $ 1,600 Total budgeted factory overhead $ 9,160 $ 0
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