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Omamental Sculptures Mfg manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor

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Omamental Sculptures Mfg manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor hours at a rate of $14 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $4.300 per month. The company's policy is to maintain direct materials Inventory equal to 20% of the next month's materials requtrement At the end of February the company had 5.980 pounds of direct materials in Inventory. The company's production budget reports the following. Production Budget Units to be produced March 4,100 April 4.800 May 5,460 (1) Prepare direct materials budgets for March and April (2) Prepare direct labor budgets for March and April (3) Prepare factory overhead budgets for March and Apni. Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Prepare direct materials budgets for March and April. April 0 ORNAMENTAL SCULPTURES MFG Direct Materials Budget For the Months of March and April March Budgeted production (units Materials requirements per unit (lbs Materials needed for production is Budgeted ending inventory (bs) Toisi materials requirements (lbs) Budgeted teginning inventory (lbs. Materials to be purchased (lbs) Direct material cost per lb Total budgered direct materials 0 0 0 Required 2) Required 1 Required 2 Required 3 Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to t ORNAMENTAL SCULPTURES MFG. Direct Labor Budget For the Months of March and April March April Budgeted production (units) DL hours required per unit Total direct labor hours needed 0 Direct labor rate per hour Total budgeted direct labor 50 $ 0 Required 1 Required 2 Required 3 Prepare factory overhead budgets for March and April. ORNAMENTAL SCULPTURES MFG. Factory Overhead Budget For the Months of March and April March April Total direct labor hours needed VOH rate per DL hour Budgeted variable overhead $ OS Budgeted fixed overhead Total budgeted factory overhead S 05 0 0 Did

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