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 Sladies 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 18,520 and 41.710 pairs, respectively, for May. The finished goods Inventory is assumed as follows: Dockers 501 Jeans May 1 estimated inventory 830 1,100 May 31 desired Inventory 310 1,490 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 16 minutes 23 minutes 27 19 insam Outerscam Pockets Zipper Total 9 13 72 minutes 54 minutes a. Prepare a production budget for May. Prepare the budget in two columns Dockers and 501 Jeans for those boxes in which you must enter subtracted or negative numbers use a minus sign TwoLeg Company Production Budget For Month Ending May 31 (assumed data) Dockers 501 Jeans Expected units to be sold Total units available Total units to be produced b. Prepare the May direct labor cost budget for the four sewing operations, assuming a $13 wage per hour for the inseam and outersem sewing operations and a $17 wage per hour for the pocket and ripper sewing operations. Prepare the direct labor cost budget in four columns inseam, outerscam, pockets, and zipper, Two-Leg Company Direct Labor Cost Budget For Month Ending May 31 (assumed data) Inseam Outers.com Pockets Zipper Total Dockers 501 Jeans Total minutes Total Grect labor hour Direct laborate Total direct labor cost a