Rida Incorporated is preparing its direct materials budget for the second quarter it budgets production of 240,000 unts in the second quarter and 52,500 units in the third quarter. Each unit requires 0.60 pound of direct material priced at $175 per pound Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 30% of next quarter's budgeted direct materials required. Raw material inventory is 43,200 pounds at the beginning of the second quarter Prepare a direct materials budget for the second quarter. (Enter "per unit" answers in two decimal ploces.) Ramos Company provides the following (partial) production budget for the next three months. Each finished unit requires 0.50 hour of direct labor at the rate of $16 per hour. The compony budgets variable overhead at the rote of $20 per direct labor hour and budgere fixed overhead of $8,000 per month. 1. Prepare a direct lobor budget for April, May, and June. 2. Prepare o factory overheod budget for April, May, and June. Complete this question by entering your answers in the tabs below. Prepare a direct labor budget for April, May, and June. (Enter your direct labor hours (hours) per unit in two decimal places). Zira Company reports the following production budget for the next four months. Each finished unit requires six pounds of direct materials, and the company wants to end each month with direct materials inventory equal fo 40% of next month's nrodiction nieads Beginning direct materials inventory for April was 1,661 pounds. Direct materials cost $6 per pound. Prepare a direct materials budget for April, May; and June. (Round your onswers to the nearest whole number.) Exercise 20-6 (Static) Manufacturing: Production budget LO P1 Electro Company manufactures transmissions for electric cars: Management reports ending finished goods inventory for the first quarter at 90,000 units. The following unit sales are budgeted during the rest of the year: second quarter, 450,000 units; third quarter 525,000 units, and fourth quarter, 475,000 units. Company policy calls for the ending finished goods imventory of a civarter to equal 20% of the next quarter's budgeted unit sales. Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture