So Much Style manufactures a product which requires $10$ pounds of direct materials

at a cost of $$9$ per pound and $5\mathrm{.}0$ direct labor hours at a rate of $$14$ per hour.

Variable overhead is budgeted at a rate of $$3$ per direct labor hour. Budgeted fixed

overhead is $$424,000$ per month. The company's policy is to end each month with

direct materials inventory equal to $20\%$ of the next month's direct materials

requirement, and finished goods inventory equal to $60\%$ of next month's sales.

August sales were $18,400$ units, and marketing expects sales to increase by $250$

units in each of the upcoming three months. At the end of August, the company had

$37,600$ pounds of direct materials in inventory, and $11,190$ units in finished goods

inventory.

Required:

Prepare sales budgets for September, October, and November.

Prepare production budgets for September, October, and November.

Prepare direct materials budgets for September, October, and November.

Prepare direct labor budgets for September, October, and November.

Prepare factory overhead budgets for September, October, and November.

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lower right to return to Connect.So Much Style manufactures a product which requires $10$ pounds of direct materials at a cost of $$9$ per pound and $5\mathrm{.}0$ direct labor hours at a rate of $$14$ per hour. Variable overhead is budgeted at a rate of $$3$ per direct labor hour. Budgeted fixed overhead is $$424,000$ per month. The company$$s policy is to end each month with direct materials inventory equal to $20\%$ of the next month$$s direct materials requirement, and finished goods inventory equal to $60\%$ of next month's sales. August sales were $18,400$ units, and marketing expects sales to increase by $250$ units in each of the upcoming three months. At the end of August, the company had $37,600$ pounds of direct materials in inventory, and $11,190$ units in finished goods inventory.

Required:

Prepare sales budgets for September, October, and November.

Prepare production budgets for September, October, and November.

Prepare direct materials budgets for September, October, and November.

Prepare direct labor budgets for September, October, and November.

Prepare factory overhead budgets for September, October, and November.