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Black Diamond Company produces snowboards. Each snowboard requires $3$ pounds of carbon fiber. Management reports

that $5,300$ snowboards and $6,300$ pounds of carbon fiber are in inventory at the beginning of the third quarter, and that

$153,000$ snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with

$3,800$ snowboards and $4,300$ pounds of carbon fiber in Inventory. Carbon fiber costs $$18$ per pound. Each snowboard

requires $0\mathrm{.}5$ hour of direct labor at $$23$ per hour. Variable overhead is budgeted at the rate of $$11$ per direct labor hour.

The company budgets fixed overhead of $$1,785,000$ for the quarter.

Prepare the direct labor budget for the third quarter.

Prepare the factory overhead budget for the third quarter.