Ramos Co, provides the following sales forecast and production budget for the next four months. June Sales (units) Budgeted production (units) April 550 May 630 July 650 580 590 490 620 590 The company plans for finished goods inventory of 170 units at the end of June. In addition, each finished unit requires 6 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 25% of next month's production needs. Beginning direct materials inventory for April was 735 pounds. Direct materials cost $3 per pound, Each finished unit requires 0.60 hours of direct labor at the rate of $21 per hour. The company budgets variable overhead at the rate of $25 per direct labor hour and budgets fixed overhead of $8,500 per month 1. Prepare a direct labor budget for April, May, and June 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 direct labor budget for April, May, and June (Enter your direct labor hours (hrs) per unit in two decimal places.) RAMOS CO. Direct Labor Budget For April, May, and June April . Mav. June Required information Required 1 Required 2 Prepare a factory overhead budget for April, May, and Dune. RAMOS CO. Factory Overhead Budget For April, May, and June April May June Totallbor hours needed Budgeted variable overhead Budgeted foed overhead Total budgeted factory overhead search o ED c 3 g . 5 3 4 6 00 8 9 O W E R T Y U O P s D F G H K