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Production, direct materials, and direct labor budgets Gerrad Manufacturing has projected sales of its product for the next six months as follows: The finished product

Production, direct materials, and direct labor budgets
Gerrad Manufacturing has projected sales of its product for the next six months as follows:
The finished product requires 3 pounds of raw material and 10 hours of direct labor.
a. Prepare a production budget for February, March, and April.
Note: Use a negative sign in your schedule to indicate that an amount is subtracted.
c. Prepare a direct labor budget (assuming a $12 per hour rate) for February, March, and April.
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