Answer the following:

The manufacturing division manager of Davison Enterprises has submitted the following production forecast (in units) for each quarter of the next fiscal year. The plant produces seats for motorcycles: Second Quarter First Quarter 12,250 Units to be produced Third Quarter 11,750 Fourth Quarter 12, 150 11,650 Each unit requires 0.40 direct labour-hours, and employees are paid $8 per hour. Required: 1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecast number of units. Davison Enterprises Direct Labour Budget First Quarter Second Quarter Third Quarter Fourth Quarter Year Units to be produced Direct labour time per unit (hours) Total direct labour hours needed Direct labour cost per hour Total direct labour cost 2. Prepare the company's direct labour budget for the next fiscal year, assuming that the direct labour workforce is not adjusted each quarter. Instead, assume that the company's direct labour workforce consists of permanent employees who are guaranteed to be paid for at least 4,700 hours of work each quarter. If the number of required direct labour-hours is less than this number, the workers are paid for 4,700 hours anyway. Any hours worked in excess of 4,700 hours in a quarter are paid at a rate of 1.5 times the normal hourly rate for direct labour. (Do not leave any empty spaces; input a 0 wherever it is required.) Davison Enterprises Direct Labour Budget First Quarter Second Quarter Third Quarter Fourth Quarter Year Total direct labour hours needed Regular hours paid Overtime hours paid Wages for regular hours Overtime wages Total direct labour cost