Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Junior 1,500 units Pro Striker 6,200 units Production budget Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Junior Pro Striker Forming Department 0.16 hour per unit 0.20 hour per unit Assembly Department 0.24 hour per unit 0.30 hour per unit The direct labor rate for each department is as follows: Forming Department Assembly Department Prepare the direct labor cost budget for July 2016.! $18.00 per four $14.00 per hour