Ramos Co provides the following sales forecast and production budget for the next four months Sales (units Budgeted production (units) April 610 550 May 690 680 June 640 650 July 710 650 The company plans for finished goods inventory of 230 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 inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 825 pounds. Direct materials cost $2 per pound. Each finished unit requires 0 20 hours of direct labor at the rate of $10 per hour. The company budgets variable overhead at the rate of $14 per direct labor hour and budgets fixed overhead of $9,100 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 May 550 June Budgeted production (units) 680 650 units Total labor hours needed Budgeted direct labor cost Required 2 > Search O Ramos Co provides the following sales forecast and production budget for the next four months April Sales (units) Budgeted production (units) 610 550 May 690 680 June 640 650 July 710 650 The company plans for finished goods inventory of 230 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 inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 825 pounds. Direct materials cost $2 per pound. Each finished unit requires 0 20 hours of direct labor at the rate of $10 per hour. The company budgets variable overhead at the rate of $14 per direct labor hour and budgets fixed overhead of $9,100 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 factory overhead budget for April, May, and June. RAMOS CO Factory Overhead Budget For April, May, and June April May June Total labor hours needed Budgeted variable overhead Budgeted fixed overhead Total budgeted factory overhead