And the Direct Labor Budget

Sheffeld Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022 . Sheffield has a labor contract that calls for a wage increase to $9.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1 . Sheffeld expects to begin the year with 22,176 frames on hand and has a policy of carrying an end of-month inventory of 1008 of the following month's sales, plus 40x of the second following month's sales. Prepare a production budget for Sheffield Company by month and for the first quarter of the year. SHEFFIELD COMPANY Production Budget For the Quarter Ending March 31, 2022 \begin{tabular}{l} Mar \\ \hline 16380 \\ \hline \end{tabular} Total 449140