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Required Information Ramos Co provides the following sales forecast and production budget for the next four months. May April 690 Sales (units) Budgeted production (units)

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Required Information Ramos Co provides the following sales forecast and production budget for the next four months. May April 690 Sales (units) Budgeted production (units) June 720 730 760 730 The company plans for finished goods Inventory of 310 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 20% of next month's production needs. Beginning direct materials inventory for April was 630 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.30 hours of direct labot at the rate of $18 per hour. The company budgets variable overhead at the rate of $22 per direct labor hour and budgets fixed overhead of $9.900 per month 1. Prepare a direct labor budget for Apr 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 Chr.) per unit in two decimal places RAMOS CO Direct Labor Budget For April, May, and June April May June Budgeted production (units) 630 750 Total Labor hours needed Budgeted direct labor cost Required 2 > here to search 33 Check Required Information Ramos Co provides the following sales forecast and production budget for the next four months. June Sales (units) Budgeted production (units) April 692 60 May 770 260 730 730 The company plans for finished goods Inventory of 310 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 20% of next month's production needs. Beginning direct materials inventory for April was 630 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.30 hours of direct labor at the rate of $18 per hour. The company budgets variable overhead at the rate of $22 per direct labor hour and budgets fixed overhead of $9.900 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 June Total labor hours needed Budgeted variable overhead Budgeted foxed overhead Total budgeted factory overhead

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