Production and Direct Labor Cost Budgets Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Kickers and 101 Denims. Slacks and jeans are assembled by a variety of different sewing operations. Assume that the sales budget for Kickers and 101 Denims shows estimated sales of 37,050 and 71,500 pairs, respectively, for May. The finished goods inventory is assumed as follows: Kickers 101 Denims May 1 estimated inventory 1,660 2,020 May 31 desired inventory 610 2,520 Assume the following direct labor data per 10 pairs of Kickers and 101 Denims for four different sewing operations: Direct Labor per 10 Pairs Kickers 101 Denims Inseam 23 minutes 16 minutes Outerseam 27 19 Pockets 9 11 Zipper 13 8 Total 72 minutes 54 minutes a. Prepare a production budget for May. Two-Leg Company Production Budget May (assumed data) Kickers 101 Denims Expected units to be sold Plus May 31 desired inventory Total units Less May 1 estimated inventory Total units to be produced b. 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 $16 wage per hour for the pocket and zipper sewing operations. Two-Leg Company Direct Labor Cost Budget May (assumed data) Inseam Outerseam Pockets Zipper Total Hours required for production: Kickers 101 Denims Total minutes Convert minutes to hours Hourly rate X $ X $ X $ X $ Total direct labor cost $