#3 please answer all parts. please read the questionumbers carefully! similar questions may already be posted to Chegg but they have slightly different numbers. i will give upvote/thumbs up for correct answer! thank you for your help!

*if you give me an email and ask for money I will report you*

Clark Company makes and sells artistic frames for pictures of weddings, graduations, and other special events. Ron Jangles, the controller, is responsible for preparing Clark's master budget and has accumulated the following information for 2018 : (Click the icon to view some of the financial information.) (Click the icon to view additional information.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{6}{|c|}{2018} \\ \hline & & January & February & March & April & May \\ \hline Estimated sales in units & & 10,000 & 17,000 & 6,000 & 9,000 & 9,000 \\ \hline Selling price & $ & 57.00 & 50.50$ & 50.50$ & 50.50$ & 50.50 \\ \hline Direct manufacturing labor-hours per unit & & 2.0 & 2.0 & 1.0 & 1.0 & 1.0 \\ \hline Wage per direct manufacturing labor-hour & $ & 10.00 & 10.00$ & 10.00$ & 14.00$ & 14.00 \\ \hline \end{tabular} In addition to wages, direct manufacturing labor-related costs include pension contributions of $0.40 per hour, worker's compensation insurance of $0.10 per hour, employee medical insurance of $0.50 per hour, and Social Security taxes. Assume that as of January 1,2018, the Social Security tax rates are 7.5\% for employers and 7.5% for employees. The cost of employee benefits paid by Clark on its direct manufacturing employees is treated as a direct manufacturing labor cost. Clark has a labor contract that calls for a wage increase to $14 per hour on April 1 , 2018. New labor-saving machinery has been installed and will be fully operational by March 1, 2018. Clark expects to have 20,000 frames on hand at December 31, 2017 , and it has a policy of carrying an end-of-month inventory of 100% of the following month's sales plus 50% of the second following month's sales. Requirement 1. Prepare a production budget and a direct manufacturing labor cost budget for McGrath Company by month and for the first quarter of 2018. You may combine both budgets in one schedule. The direct manufacturing labor cost budget should include labor-hours and show the details for each labor cost category. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calculate the values for the quarter. Finish by preparing the bottom portion of the schedule for the direct manufacturing labor by month, then quarter. (Enter the direct manufacturing labor-hours per unit to one decimal place, X.X. Do not round interim calculations, and then enter all amounts in the budget [other than the direct manufacturing labor-hours per unit] to the nearest whole number.) McGrath Company Budget for Production and Direct Manufacturing Labor For the Quarter Ended March 31,2018 Budgeted sales (units) Add target ending finished goods inventory (units) Total requirements (units) Deduct beginning finished goods inventory (units) Units to be produced Total hours of direct manufacturing labor time needed McGrath Company Budget for Production and Direct Manufacturing Labor For the Quarter Ended March 31, 2018 Direct manufacturing labor costs: Wages Pension contributions Workers' compensation insurance Employee medical insurance Clark Company makes and sells artistic frames for pictures of weddings, graduations, and other special events. Ron Jangles, the controller, is responsible for preparing Clark's master budget and has accumulated the following information for 2018 : (Click the icon to view some of the financial information.) (Click the icon to view additional information.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{6}{|c|}{2018} \\ \hline & & January & February & March & April & May \\ \hline Estimated sales in units & & 10,000 & 17,000 & 6,000 & 9,000 & 9,000 \\ \hline Selling price & $ & 57.00 & 50.50$ & 50.50$ & 50.50$ & 50.50 \\ \hline Direct manufacturing labor-hours per unit & & 2.0 & 2.0 & 1.0 & 1.0 & 1.0 \\ \hline Wage per direct manufacturing labor-hour & $ & 10.00 & 10.00$ & 10.00$ & 14.00$ & 14.00 \\ \hline \end{tabular} In addition to wages, direct manufacturing labor-related costs include pension contributions of $0.40 per hour, worker's compensation insurance of $0.10 per hour, employee medical insurance of $0.50 per hour, and Social Security taxes. Assume that as of January 1,2018, the Social Security tax rates are 7.5\% for employers and 7.5% for employees. The cost of employee benefits paid by Clark on its direct manufacturing employees is treated as a direct manufacturing labor cost. Clark has a labor contract that calls for a wage increase to $14 per hour on April 1 , 2018. New labor-saving machinery has been installed and will be fully operational by March 1, 2018. Clark expects to have 20,000 frames on hand at December 31, 2017 , and it has a policy of carrying an end-of-month inventory of 100% of the following month's sales plus 50% of the second following month's sales. Requirement 1. Prepare a production budget and a direct manufacturing labor cost budget for McGrath Company by month and for the first quarter of 2018. You may combine both budgets in one schedule. The direct manufacturing labor cost budget should include labor-hours and show the details for each labor cost category. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calculate the values for the quarter. Finish by preparing the bottom portion of the schedule for the direct manufacturing labor by month, then quarter. (Enter the direct manufacturing labor-hours per unit to one decimal place, X.X. Do not round interim calculations, and then enter all amounts in the budget [other than the direct manufacturing labor-hours per unit] to the nearest whole number.) McGrath Company Budget for Production and Direct Manufacturing Labor For the Quarter Ended March 31,2018 Budgeted sales (units) Add target ending finished goods inventory (units) Total requirements (units) Deduct beginning finished goods inventory (units) Units to be produced Total hours of direct manufacturing labor time needed McGrath Company Budget for Production and Direct Manufacturing Labor For the Quarter Ended March 31, 2018 Direct manufacturing labor costs: Wages Pension contributions Workers' compensation insurance Employee medical insurance