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need help please Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of these is Andie the Liama. Each Andie
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Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of these is "Andie the Liama." Each Andie takes 0.20 yard of fabric (white with irregular black splotches) and 10 ounces of polyfiberfill, Fabric costs $3,40 per yard and polyfiberfili is $0.05 per ounce, Macchu has budpeted production of Andies for the next four months as follows: Inventory policy requires that sufficient fabric be in ending monthly inventory to satisfy 20 percent of the following month's production needs and sufficient podyberfil be in inventory to satisty 15 percent of the following month's production needs. Inventory of fabric and polyfiberfill at the beginning of october equais exactiy the amount needed to satishy the imventory policy. Each Andie produced requires (on average) 0.10 direct labor hour. The average cost of direct labor is $15 per hour. 2. Prepare a direct materials purchases budget of polyfiberfil for the last quarter of the vear showing purchsses in units and in dollars for each month and for the quarter in total, Round your answers to the nearest cent, if required Step by Step Solution
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