Rad Co$.$ provides the following sales forecast and production budget for the next four months:

$\backslash$table$[[,$April,May,June,July$],[$Sales $($units$)..................,500,580,530,600],[$Budgeted production $($units$)......,442,570,544,540]]$

The company plans for finished goods inventory of $120$ units at the end of June. In addition, each finished unit requires $5$ pounds of raw materials and the company wants to end each month with raw materials inventory equal to $30\%$ of next month's production needs. Beginning raw materials inventory for April was $663$ pounds. Each finished unit requires $0\mathrm{.}50$ hours of direct labor at the rate of $$16$ per hour. The company budgets variable overhead at the rate of $$20$ per direct labor hour and budgets fixed overhead of $$8,000$ per month. Prepare a raw materials budget for April, May, and June.

Refer to Exercise $22-8.$ For April, May, and June, prepare $(1)$ a direct labor budget and $(2)$ a factory overhead budget.

Exercise $22-8$

Manufacturing: Direct

materials budget P$1$

Exercise $22-9$

Manufacturing: Direct

labor and factory overhead budgets

P$1$