Ornamental Sculptures Mig, manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3 per pound and 0 4 direct labor hours at a rate of $19 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour Fixed manufacturing overhead is $3,100 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 5,780 pounds of direct materials in inventory. The company's production budget reports the following Hay Production Model Units to be produced March 4,100 April 5,500 (1) Prepare direct materials budgets for March and April (2) Prepare direct labor budgets for Match 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 Prepare direct materials budgets for March and April ORNAMENTAL SCULPTURES MFG Direct Materiais Budget For the Months of March and April March Budgeted production (unit) 4,100 Materials requirements per unit (bis) 9 April 5,500 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. es ORNAMENTAL SCULPTURES MFG. Direct Materials Budget For the Months of March and April March April Budgeted production (units) 4,100 5,500 Materials requirements per unit (lbs) 9 9 Materials needed for production (lbs) 36,900 49,500 Budgeted ending inventory (lbs) Total materials requirements (lbs.) 36,900 49,500 Budgeted beginning inventory (lbs) Materials to be purchased (lbs.) 36,900 49,500 Direct material cost per lb. Total budgeted direct materials $ 0 $ 0 Rends Required 2 > (3) Prepare factory overhead budgets for March and Apni. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to two decimal places.) April ORNAMENTAL SCULPTURES MFG Direct Labor Budget For the Months of March and April March Budgeted production (units) DL hours required per unit Total direct labor hours needed 0 Direct labor rate per hour Total budgeted direct labor $ 0 0 $ 0 - MEMIUM (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 $ $ 0 VOH rate per DL hout Budgeted variable overhead Budgeted fixed overhead Total budgeted factory overhead $ 0 $ 0
