wudget. 7. Prepare the August direct labor cost budget. Round the hours required for production to the nearest hour.' 8. Prepare the August factory overhead cost budget. If an amount box does not require an entry, leave it blank. (Er Comprehensive Problem 5 Instructions Questions (Part A) Production Budget Direct Labor Cost Budget Shaded cals have foedback Genuine Sploe Inc. Direct Labor Cost Budget For the Month Ended August 31 Hours required for production of: Mbing Filling Total Points: 0/10 Feedback Check My Work 7. Multiply direct bor hours required by the direct labor rato per hour Instructions Genuino Sploe in bogan operations on January 1 of the current year. The company produces Bounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-botle cases for $100 per case. There is a nating commission of 520 per too. The January droct materiais, direct labot, and factory overhand costs are as follows: DIRECT MATERIALS Cost tehavior Units per Case Cost per Unit Cost per Case Creambase Variable 100 25 50.02 $2.00 Natural Variable 30 Gr 0.30 9.00 Bottle (-) Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Department Cost Behavior Time per Case Labor Rate per Hour Cost per Case Amount Descriptions Questions (Part A) Production Budget Instructions $17.00 DIRECT LABOR Department Cost Behavior Time per Case Labor Rate per Hour Cost per Case Mixing Variable 20 min. $18.00 $6.00 Filling Variable 5 14.40 1.20 25 min. $7.20 FACTORY OVERHEAD Cost Behavior Total Cost Utilities Mixed 5600 Facility lease Fixed 14,000 Equipment depreciation Fixed 4,300