5. Plank Company is preparing its direct labor budget for 2021 from the following production budget based on a calendar year: Quarter Units 40,000 1 2 30,000 3 60,000 4 50,000 Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $11 per hour on October 1. Instructions Prepare a direct labor budget for 2021. 4.0,000 1 30,000

5. Plank Company is preparing its direct labor budget for 2021 from the following production budget based on a calendar year: Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $11 per hour on October 1 . Instructions Prepare a direct labor budget for 2021