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Omomental Sculptures Mig, manufactures garden sculptures. Each sculpture requires 7 pounds of direct materials at a cost of $4 per pound and 0.4 direct lobor

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Omomental Sculptures Mig, manufactures garden sculptures. Each sculpture requires 7 pounds of direct materials at a cost of $4 per pound and 0.4 direct lobor hours at a rate of $19 per hour. Vorlable manufacturing overhead is charged at a rote of $3 per direct labor hour. Fixed manufacturing overhead is $4,500 per month. The company's polley is to maintain direct materials inventory equal to 30% of the next month's materials requirement. At the end of February the company had 6,080 pounds of direct materials in Inventory, The company's production budget reports the following Production Budget Units to be produced March 3,800 April 4,900 5,300 (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 April. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct materials budgets for March and April. ORNAMENTAL SCULPTURES MFG Direct Materials Budget For the Month of March and April March April Budgeted production (units) Materials requirements per unit (lbs) Materiais needed for production (lbs) Budgeted ending inventory (lbs.) Total materials requirements (lbs) 0 Budgeted beginning inventory (lbs.) Materials to be purchased (lbs) 0 0 0 Omamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 7 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hours at a rate of $19 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $4,500 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 February the company had 6,080 pounds of direct materials in Inventory. The company's production budget reports the following Production Budget March April May Unite to be produced 5,800 5,300 (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 April. Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Prepare direct labor budgets for March and April (Round "DL hours required per unit" answers to two decimal places.) ORNAMENTAL SCULPTURES MEG 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 Direct laborato per hour Total budgeted direct labor 0 0 $ 0 $ 0 Ornamental Sculptures Mtg manufactures garden sculptures. Each sculpture requires 7 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hours at a rate of $19 per hour . Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $4,500 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 February the company had 6,080 pounds of direct materials in Inventory. The company's production budget reports the following Production Budget March April May Units to be produced 3,800 4,900 5,300 (1) Prepare direct materials budgets for Morch and April. (2) Prepare direct labor budgets for Morch and April. (3) Prepare factory overhead budgets for March and April Complete this question by entering your answers in the tabs below. 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 $ 0$ Budgeted fixed overhead Total budgeted factory overhead SO 0

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