Prepare direct labor budgets for September and October. (Round "DL hours required per unit" an MCO Leather manufactures leather purses. Fach purse requires 2 pounds of direct inateriak at a cost of $4 per pound and 07 direct tabor hour at a rate of $14 per hour. Variable oveshead is budpeted at a rate of $3 per direct labor hour. Budgeted fixed ovethead is $17,000 per month. The company's policy is to end ench month weth direct materials inventory equal to 30% of the next month's direct materials requirement. At the end of Augiast the company had 2,580 pounds of direct materials in imventory. The company's production budget reports the following (1) Prepare direct materibl budgets for September and October. (2) Prepare diect labor budgets for September and Octobet. (3) Prepure factory overthead budgets for September and October Complete this question by enterino vour answers in the tabs below. Prepare dired materials budgets for September and Octobe: Complete this question by entering your answers in the tabs below. Prepare direct materials budgets for September and October. (1) Prepare direct materials budgets for September and UctoDer. (2) Prepare direct labor budgets for September and October. (3) Prepare factory overhead budgets for September and October. Complete this question by entering your answers in the tabs below. Prepare factory overhead budgets for September and October