Answer:
Production Budget ( July August September)  5200,  6300,    9000         
Sales Budget   ( July August September)  $ 300,000   $ 360,000  $ 450,000       
Direct Materials Budget ( July August September) $ 31860   $ 39,420                $ 48,600    
Direct Materials Units  Budget   ( July August September)  53,100             65,700    81,000
Direct Labor Budget  ( July August September)  $ 163,800  $ 198450  $ 283,500  
Direct Labor Hours Budget  ( July August September)7800  9450     13500
Explanation:
The formula used are 
<em>1) Production Budget = Sales + Desired Ending Inventory Less Opening Inventory</em>
<em>2) Sales Budget= Sales * Price Per unit</em>
<em>3) Raw Materials Budget = Production + Desired Ending Inventory Less Opening Inventory</em>
<em>Raw Materials Costs= Raw Materials Budget * Costs</em>
<em>4) Direct Labor Hours Budget = Production * Direct Labor Hours</em>
<em>Direct Labor Budget = Direct Labor Hours Budget* Wages Per Hour</em>
<em><u /></em>
<u>School Days Furniture, Inc.</u>
<u>Production Budget</u>
                                     <u>  July               August               September </u>
Sales                            5000              6000                   7500
+ Desired 
Ending Inventory        1200               1500                     ------(assuming zero inv)
Less Opening 
<u>Inventory                    1000               1200                     1500            </u>
<u>Production Budget    5200                6300                   9000    </u><u>     </u>
<u />
Production Budget = Sales + Desired Ending Inventory Less Opening Inventory
<u></u>
<u>School Days Furniture, Inc.</u>
<u>Sales Budget</u>
                                       <u>July                August             September </u>
Sales                            5000              6000                   7500 
<u>Price Per unit                 $ 60              $60                     $ 60                    </u>
<u>Sales Budget            $ 300,000          $ 360,000             $ 450,000       </u>
<u />
Sales Budget= Sales * Price Per unit
<u></u>
<u>School Days Furniture, Inc.</u>
<u>Raw Materials Budget</u>
                                     <u>  July               August               September </u>
Production Budget         5200                6300                   9000    
 + Desired 
Ending Inventory             630                   900      ------(assuming zero inv)
Less Opening 
<u>Inventory                        520                   630                   900           </u>
<u>Materials Requiremnt    5310                6570                  8100  </u>
<u>Board (feet)                      10                      10                           10          </u>
Direct Materials          53,100             65,700                 81,000
<u>Plank Costs                  0.60                 0.60                        0.60         </u>
<u>Direct Materials          $ 31860            $ 39,420                $ 48,600  </u><u>  </u>
Raw Materials Budget = Production + Desired Ending Inventory Less Opening Inventory
Raw Materials Costs= Raw Materials Budget * Costs
<u></u>
<u>School Days Furniture, Inc.</u>
<u>Direct Labor Budget</u>
                                     <u>  July               August               September </u>
Production Budget         5200                6300                   9000     
<u>Direct Labor hours          1.5                     1.5                       1.5        </u>
<u>Direct Labor Hours        7800                9450                  13500</u>
Wages Per hour              $ 21                 $ 21                     $21
<u>Direct Labor Budget   $ 163,800         $ 198450          $ 283,500  </u>
 Direct Labor Hours Budget = Production * Direct Labor Hours
Direct Labor Budget = Direct Labor Hours Budget* Wages Per Hour
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