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need help please Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of those is Andie the Lama. Each Andie
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Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of those is "Andie the Lama." Each Andie takes 0.20 yard of fabric (white with irregular black splotehes) and 10 ounces of polyfiberfill. Fabric costs $3.40 per yard and polyfiberfil is $0.05 per ounce. Macchis has budgeted production of Andies for the next four months as follows: Inventory policy requires that sufficient fabric be in encing monthly inventory to satisfy 20 percent of the following month's production needs and sumbent polyfiberfill be in inventory to satisfy 15 percent of the following month's production needs. Inventory of fabric and polyfiberfill at the beginning of October equals exactly the amount needed to satisfy the inventory policy. Each Andie produced requires (on average) 0.10 direct labor hour, The average cost of direct labor is $15 per hour. Required: 1. Prepare a direct materials purchases budget of fabric for the last quarter of the vear showing purchases in units and in dollars for each month and for the quarter in total, Round your answers to the nearest cent, if required. 1. Prepare a direct materials purchases budget of fabric for the last quarter of the year showing purchases in units and in dollars for each month and for the quarter in total. Round your answers to the nearest cent, if required. 2. Prepare a direct materias purchases budget of polytiberfill for the last quarter of the year showing purchases in units and in dollars for each month and for the quarter in total. Round your answers to the nearest cent, if required. 2. Prepare a direct materials purchases budget of polyfiberfil for the last quarter of the year showing purchases in units and in dollars for each month and for the quartel In total, Round your answers to the nearest cent, if required. 3. Prepare a direct labor budget for the last quarter of the year showing the hours needed and the direct labor cost for each month and for the quarter in total. Round your answers to the nearest cent, if required. 6 more Chea My Work utes remaining Step by Step Solution
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