The final product $($bazs of chips$)$ requires two direct natersals sweat potaros and prekaging $4$ pouds of raw potatoes are regured for each one$-$pound baz of potato chips. Maragement desires to have materisls on hand $($ie$,$ pounds of potatos$)$ at the end of exch month equal to $20$ percent of the following month's prediction needs. The beginning materisls inventory, July $2024,$ is expected to be $44,560$ pounds. Pototos cost $1\mathrm{.}20$ per pound

Packging material is purchased by the roll and $100$ bags of chps are produced from esch roll The packaging is mode from biodegrabble, organic plant fiber that extends. the shelflife of the potato chips while preserving its feshess. Nanagenent desires to have packaging on hand at the end of each nonth equal to $15$ percent of the following month's production needs. The begining mentory of packaging $($ie$.$

rolls of packaging rateraly in July $2024$ is ppected to be $84$ rolls Packging is expected to coet is $18$ per roll

Note, budgeted production in october is required in order to complete the direct materials budset for September Alo, the the GROUNDU function to round up to the nearest whole number of pounds of potatoes and number of rolls of packaging both for detired ending inventory and materal to purchase Eurther, because wo direct materids ure requifed for production $-$ potatoes und rolts of packaging $-$ you will naed a separate chedule for each direct material Prepare a Direct Miterials budget

Each bag of chigs requires $0\mathrm{.}02$ hours of direct labor. Eech hour of diract labor costs Lhe compary $$22.$ Prepare a Direct Labor budget.