Refer to the information in E9-4 for Rainwater Corp. Suppose that each umbrella takes 0.20 direct labor hours to produce and Rainwater pays its workers \($9\) per hour.

Required:

Prepare Rainwater’s direct labor budget for May and June.

Data from E9-4

Rainwater Corp. expects to sell 600 umbrellas in May and 400 in June. Each umbrella sells for \($15\). Rainwater’s beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units.