PR 21-2B Sales, production, direct materials purchases, and direct labor cost budgets 3. Total direct The budget director of Royal Furniture Company requests estimates of sales, teriais purchases, other operating data from the various administrative units every month. Selected 5987,478 concerning sales and production for A. Estimated sales of King and Prince chairs for February by sales territory: Februar ry is summarized as follows: Northern Domestic . 610 units at $780 per unit 750 units at $550 per unit EXCEL TEMPLATE King. Southern Domestic 340 units at $780 per unit 440 units at $550 per unit Prince International: B. Estimated inventories at February 1 Direct materials: Finished products 90 units 25 units Prince Filler Springs 250 cu.ft. C. Desired inventories at February 28: Direct materials: Finished products Fabric Wood .. 390 sq.yds. .... 60 linear ft. Prince 300 cu.ft 80 units 35units Springs 540 units D. Direct materials used in production: In manufacture of King 38 linear ft. per unit of product 42 cu. ft. per unit of product Filler .............16 units per unit of product In manufacture of Prince: Fabric Wood 4.0 sq.yds, per unit of product 26 linear ft. per unit of product Filler 12 units per unit of product E. Anticipated purchase price for direct materials: Fabric Wood $12.00 per sq. yd 7.00 per linear ft. Springs Filler $3.00 per cu. ft. 450 per unit Chapter 21 Budgeting 1099 F. Direct labor requirements: King: Cutting Department.... Prince: Cutting Department. 04 hr. at $14 per hr. Instructions 1. Prepare a sales budget for February. 2. Prepare a production budget for February. 3. Prepare a direct materials purchases budget for February. 4. Prepare a direct labor cost budget for February