Sandoval Furniture builds high-end hand-made dining tables. Mackenzie Sandoval, the companys owner, has developed the following sales forecast for 2015. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Forecasted sales (tables) 2,574 2,792 2,929 1,738 Because of the time needed to create each table, Sandoval maintains an ending Finished Goods Inventory of 20 percent of the following quarters budgeted sales. Sandoval has been following this inventory policy for several years. The company ended 2014 with 515 tables on hand. The standard cost card for a table is as follows: Standard Quantity Standard Price Total Standard Cost American cherry wood 25 board feet $5/board foot $125 American cherry turning square (legs) 4 squares $9/square 36 Direct labor 12 DLH $16/DLH 192 Variable overhead 12 DLH $56/DLH 672 Fixed overhead 12 DLH $9/DLH 108 $1,133 (b) Sandoval maintains inventory of American cherry wood equal to 10 percent of the following quarters production needs. On December 31, 2014, Sandovals physical inventory count showed 5,521 board feet of American cherry. Due to an anticipated price increase in 2016, managers want to have 10,075 board feet of American cherry wood in inventory on December 31, 2015. Prepare Sandovals 2015 direct materials purchases budget for American cherry wood. Calculate: C: Calculate: 1/2/3/4 annual Budgeted production Standard DLH per unit Total DLH required Standard wage rate Budgeted DL cost D)Calculate 1/2/3/4 annual DLH needed DLH availablea Overtime hours Overtime rateb Overtime cost Regular hours at $18/DLHc Budgeted DL cost