omamental Sculptures M manufactures garden sculptures Each sculpture requires 9 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor hours at a rate of S14 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is S4,500 per month. The company's policy is to maintain direct materials inventory equal to 30% of the next month's materials requirement At the end of March the company had 5,680 pounds of direct malerials in inventory. The company's production budget reports the fallowing. March April May Production Budget 4,900 Units to be produced 3,400 (1) Prepare direct materials budgets for March and April. ORNAMENTAL SCULPTURES MFG