Part B: The January direct materials, direct labor, and factory overhead costs are as follows: Part B-August Budgets follows: Finished Goods Inventory: Materials Inventory: Required: 5. Prepare the August production budget. Enter all amounts as positive numbers. 6. Prepare the August direct materials purchases budget. Enter the unit price to the nearest cent. Enter all amounts as positive numbers. Genuine Spice Inc. Direct Materials Purchases Budget For the Month Ended August 31 Direct Materials Cream Base (ozs.) Notal Natural Oils (ozs.) Bottles (bottles) Units required for production Plus desired ending inventory Total units required Less estimated beginning inventory Total materials to be purchased Unit price Total direct materials to be purchased 7. Prepare the August direct labor cost budget. For hours required, round to nearest whole hour. For hourly rate, enter to the nearest cent, if required. Genuine Spice Inc. Direct Labor Cost Budget For the Mnnth Fnded Aunuct 31 8. Prepare the August factory overhead cost budget. If an amount box does not require an entry, leave it blank. umbers. Part A: Note: You must complete part A before completing parts B and C. case. The January direct materials, direct labor, and factory overhead costs are as follows: FACTORY OVERHEAD \begin{tabular}{lrr} \hline & Cost Behavior & \multicolumn{1}{c}{ Total Cost } \\ \hline Utilities & Mixed & $600 \\ Facility lease & Fixed & 14,000 \\ Equipment depreciation & Fixed & 4,300 \\ Supplies & Fixed & 660 \\ & & $19,560 \\ \hline \end{tabular} Part A-Break-Even Analysis this cost: \begin{tabular}{lcc} & Case Production & Utility Total Cost \\ \hline January & 500 & $600 \\ February & 800 & 660 \\ March & 1,200 & 740 \\ April & 1,100 & 720 \\ May & 950 & 690 \\ June & 1,025 & 705 \end{tabular} Required: 1. Determine the fixed and variable portion of the utility cost using the high-low method. Round the per unit cost to the nearest cent. 2. Determine the contribution margin per case. Enter your answer to the nearest cent. Contribution margin per case s 3. Determine the fixed costs per month, including the utility fixed cost from part (1). 4. Determine the break-even number of cases per month. cases