Business, 21.05.2021 16:50 kadinmorgan

Ornamental sculptures MFG. manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2 per pound and 0.4 direct labor hours at a rate of $15 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $3,900 per month. THe company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement. At the end of february the company had 6,180 pounds of direct materials in inventory. The company production budget reports the following: Production Budget March April May
Units to be produced 4,100 4,700 5,500

Required:
Prepare direct materials budgets for March and April.

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Ornamental sculptures MFG. manufactures garden sculptures. Each sculpture requires 8 pounds of direc...

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