Production, Direct Labor, Direct Materials, Sales Budgets, Budgeted Contribution Margin Information on the first four months of the coming year is as follows: Required: Unless otherwise indicated, round all calculated amounts to the nearest dollar or unit. 1. Prepare the following monthly budgets for Laghari Company for the first quarter of the coming year. b. Direct labor budget in hours: Round your answers to two decimal places, if required. c. Direct materials cost budget: d. Sales budget: Round unit selling price amounts to the nearest cent and use the same for subsequent requirements. I anhari Comnanv 2. Calculate the total budgeted contribution margin for Laghari Company by month and in total for the first quarter of the coming year. (CMA adapted) Production, Direct Labor, Direct Materials, Sales Budgets, Budgeted Contribution Margin Information on the first four months of the coming year is as follows: Required: Unless otherwise indicated, round all calculated amounts to the nearest dollar or unit. 1. Prepare the following monthly budgets for Laghari Company for the first quarter of the coming year. b. Direct labor budget in hours: Round your answers to two decimal places, if required. c. Direct materials cost budget: d. Sales budget: Round unit selling price amounts to the nearest cent and use the same for subsequent requirements. I anhari Comnanv 2. Calculate the total budgeted contribution margin for Laghari Company by month and in total for the first quarter of the coming year. (CMA adapted)