XYZ Company has put together the following data in order to complete their operating budget for the second quarter in 20XX:

	April	May	June	July
Sales (units)	70,000	68,000	67,000	69,000

Additional information:

Company policy requires 50% of next months sales (in units) be in ending inventory. This policy was met in March.

It takes 3 hours of direct labor to produce one unit.

The average wage cost is $20 per hour.

Variable overhead rate is $8 per direct labor hour and fixed overhead is $20,000 per month.

Required:

A. Prepare a production budget for April, May, June and the quarter in total.

B. Prepare a direct labor budget for April, May, June and the quarter in total.

C. Prepare an overhead budget for April, May, June and the quarter in total.