4.

The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Each unit requires 0.45 direct labor-hours, and direct laborers are paid $1000 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)