Zortek Corp. budgets production of 420 units in January and 270 units in February. Each finished unit requires four pounds of raw material Z, which costs $3 per pound. Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 140 pounds of Z. Prepare a direct materials budget for January ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) Material Materials needed for production (lbs.) Less: Budgeted ending inventory (bs.) Total materials requirements (Ibs.) units s requirements per unit lbs lbs lbs lbs 0 lbs Materials to be purchased (Ibs) per lb Total cost of direct materials purchases Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,600 units (solar panels) in July and 4,600 units in August Each unit requires 4 hours of direct labor at a rate of $12 per hour Variable factory overhead is budgeted to be 60% of direct labor cost, and fixed factory overhead is $183,000 per month. Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Budgeted total overhead