Walton Company provides the following data for next year: Month Budgeted Sales January February March April $126,000 $111,000 $134,000 $147000 The gross profit margin is 30% of sales. Inventory at the end of December is $30,600 and target ending inventory levels are 10% of next month's sales, stated at cost. What is the amount of purchases budgeted for Eebruary? $97,580 $77700 $79,310 $36,180 Smith Corporation makes and sells a single product called a Pod. Each Pod requires 21 direct labor-hours at $10.30 per direct labor hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year In June the company has budgeted to produce 22,700 Pods. Budgeted direct labor costs incurred in June would be: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $671280 $491.001 $279 480 233 810