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Ramos Co. provides the following sales forecast and production budget for the next four months: Apr Sales (units) Budgeted production (units) 650 6006 670 570

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Ramos Co. provides the following sales forecast and production budget for the next four months: Apr Sales (units) Budgeted production (units) 650 6006 670 570 510 640 610 61 The company plans for finished goods inventory of 190 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials next month's production needs. Beginning direct materials inventory for April was 765 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.30 hours of direct labor at the rate of $23 per hour. The company budgets variable overhead at the rate of $27 per direct labor hour and budgets fixed overhead of $8,700 per month. inventory equal to 30% of Exercise 20-9 Manufacturing: Direct labor and factory overhead budgets LO P1 . Prepare a direct labor budget. 2. Prepare a factory overhead budget for April, May, and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget for April, May, and June 610 units 640 units) 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget for April, May, and June Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare a factory overhead budget for April, May, and June. RAMOS co. For April, May, and June June Total labor hours n

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