3) Color Company makes two products, Red and Blue. They plan to produce 3,000 units of Red and 7,000 units of Blue. Both products are produced in two departments, Mixing and Assembly. The direct labor required for each product are estimated as follows: Mixing Red 0.25 hours per unit Blue 0.5 hours per unit The direct labor rate for mixing is $20 per hour and for assembly is $15 per hour Instructions: Prepare the direct labor cost budget. (10 points) 0.4 hours per unit 0.6 hours per unit