Ornamental Sculptures Mfg manufactures garden sculptures Each sculpture requires 8 pounds of direct materials at a cost of $3 per pound and 05 direct labor hours at a rate of $18 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 202 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 Budret Units to be produced 4,600 4,800 (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 factory overhead budgets for Mrch 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 050 Budgeted fixed overhead Total budgeted factory overhead S 0 5 0