Production; purchases; direct Tabor \& OH budgets Atkinson's Reliable Tools makes two products that use similar raw materials: 85870 and "1253X. Estimated production needs for a unit of each product follow. Estimated sales in units by product for the year are 128,000 of 4587Q and 48.000 of $253x. Additionally, estimated beginning and desired ending inventory quantities are Overhead is applied to production at the fate of $15 per machine hour and the direct labor wage rate is $10,50 per hour. Prepare (a) the production schedule by product (b) the purchases budget in units by raw materiat, (c) direct labor in hours by product, in total, and in dollars. and (a) over in feral: Note: Use a negatwe sign in your schedule to indicate that an amount is subtracted. Overhead is applied to production at the rate of $15 per machine hour and the direct labor wage rate is $10.50 per hour: Prepare (a) the production schedule by product, (b) the purchases budget in units by raw material. (c) direct labor in hours by product, in total, and in dollars, and (d) overhead budget t in total Note: Use a negative sign in your schedule to indicate that an anount is subtracted. (a) Production schedule by product (b) aa