Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hours at a rate of $15 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $4.600 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 6,280 pounds of direct materials in inventory. The company's production budget reports the following Production Budget Units to be produced March 4,108 April 4,908 May 5,580 (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. April ORNAMENTAL SCULPTURES MFG. Direct Materials Budget For the Months of March and April March Budgeted production (units) Materials requirements per units Materials needed for production (bs) Budgeted ending inventory s Tomateras reguitements (lbs) Budgeted beginning inventory abs) Waters to be purchasedlos Directorateral cost perts To budges direct materials Required 2 > (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 Prepare direct labor budgets for March and April. (Round "DL hours required per uniti ansvrers to two decimal places.) 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 Direct labor rate per hour Total budgeted direct labor Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hours at a rate of $15 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $4,600 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 6,280 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to be produced March 4,109 April 4,900 May 5,500 (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 Ripuired 3 Prepare factory overhead budgets for March and April. April ORNAMENTAL SCULPTURES MFG Factory Overhead Budget For the Months of March and April March Total direct labor hours needed VOH rate per DL hour Budgeted variable overhead Budgeted foxed overhead Total budgeted factory overhead