Sales Budget Production, Direct Materials Budqet Direct Labor Budget, and Factory Overhead Budget Scottsdale Styles Inc.'s budgeted unit sales for the year 2016 wera: Tables 30,000 120,000 The budgeted selling price for tables was $175 per table, and it was $75 per chair. The beginning finished goods inventories were expected to be 1,000 tables and 4,000 chairs, for a total cost of $240,000, with desired ending inventories at 1,500 and 6,000, respactively, with a total cost of $360.000. There was no anticipated beginning or ending work-in-process inventory for either item. The standard materials quantities for each item were as follows: Table Chair Binding cane 6 yd 3yd The purchase prices of rattan and binding cane were $5 and $3 per yard, respectively. The desired ending inventories for rattan and binding cane were 51,000 and 25.500 yards, respectively. The estimated beginning inventories for rattan and binding cane were 34,000 and 17,000 yards, respectively. The direct labor hours required for each type of item were as follows Assembly Finishing Department Department 0.50 0.25 0.25 0.10 The direct labor rate for each department is as follows Assembly Department Finishing Department $15 per hour $13 per hour Budgeted factory overhead costs for 2016 were as follows