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Michael Ivanhoe, Concord & Ivanhoe Fabricators' production manager, has just completed the company's production budget...

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Accounting

Michael Ivanhoe, Concord & Ivanhoe Fabricators' production manager, has just completed the company's production budget for the first quarter.
\table[[,January,February,March,Quarter],[Budgeted unit sales,22,000,30,000,32,000,84,000],[+ Budgeted ending inventory,6,000,6,400,6,600,6,600],[Total units required,28,000,36,400,38,600,90,600],[- Beginning inventory,2,600,6,000,6,400,2,600],[Budgeted production,25,400,30,400,32,200,88,000]]
Each brick requires 12 minutes to produce, and Michael expects to pay workers $20 per direct labor hour in the coming year.
Prepare Concord & Ivanhoe's direct labor budget for the first quarter. (Round per unit answers to 2 decimal places, e.g.0.35 & all other answers to 0 decimal places, e.g.5,275. Convert minutes to hour for calculation, e.g.15 minutes is 0.25 hours.)
January
February
March
$ $
$
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E
$
$
$
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$
$
$
$
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