Production and Direct Labor Cost Budgets Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Dockers and 501 Jeans. Slacks and jeans are assembled by a variety of different sewing operations. Assume that the sales budget for Dockers and 501 Jeans shows estimated sales of 37,050 and 68,510 pairs, respectively, for May. The finished goods inventory is assumed as follows: Dockers 501 Jeans 1,660 1,930 May 1 estimated inventory May 31 desired inventory 610 2,420 Assume the following direct labor data per 10 pairs of Dockers and 501 Jeans for four different sewing operations: Direct Labor per 10 Pairs Dockers 501 Jeans Inseam 21 minutes 14 minutes Outerseam 25 17 Pockets 8 10 Zipper 12 7 Total 66 minutes 48 minutes For those boxes in which you must enter subtracted or a. Prepare a production budget for May. Prepare the budget in two columns: Dockers and 501 Jeans negative numbers use a minus sign. Two-Leg Company Production Budget For Month Ending May 31 (assumed data) Dockers 501 Jeans Expected units to be sold 37,050 68,510 May 31 desired inventory 610 2,420 37,660 70,930 Total units available May 1 estimated inventory -1,660 -1,930 Total units to be produced 36,000 69,000 . Prepare the May direct labor cost budget for the four sewing operations, assuming a $12 wage per hour for the inseam and outerseam sewing operations and a $19 wage per hour for the pocket and zipper sewing operations. Prepare the direct labor cost budget in four columns: inseam, outerseam, pockets, and zipper. Two-Leg Company Direct Labor Cost Budget For Month Ending May 31 (assumed data) Inseam Outerseam Pockets Total Zipper Dockers 501 Jeans X Total minutes Total direct labor hours x Direct labor rate x $ 12 x $ 12 x $ 19 X$ 19 Total direct labor cost X $ Feedback Check My Work Remember to take into account hours required for production, hourly rate and hours per unit when calculating direct labor cost. V Learning Objective 4. Feedback Check My Work Partially correct Chock Mr Work Drevious Neyt