ornamental sculptures Mfg.

2A Homework UT Ornamental Sculptures Mfg. manufactures garden sculptures Each sculpture requires 8 pounds of direct materials at a cost of $3 per pound and 0.5 direct labor hours at a rate of 518 per hour Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $4,000 per month. The company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement. At the end of February the company had 5.280 pounds of direct materials in inventory. The company's production budget reports the following Production Budget Units to be produced March 3. Bee April 4,600 May 4,800 02 20:54 (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 eBook Required 1 Required 2 Required 3 Prepare direct materials budgets for March and April od 19 O April ORNAMENTAL SCULPTURES MFG. Direct Materials Budget For the Months of March and April March Budgeted production (units) Materials requirements per unit (lbs.) LL Materials needed for production (lbs) 0 Budgeted ending inventory (lbs) Total materials requirements (lbs) Budgeted beginning inventory (lbs.) Materials to be purchased (lbs) Direct material cost per lb Total budgeted direct materials S Required 2 >