Ceradyne Industrial has estimated that production for the next five quarters will be: Production Information 1st quarter, 2020 36,900 units 2nd quarter, 2020 33,600 units 3rd quarter, 2020 4th quarter, 2020 1st quarter, 2021 40,200 units 31,200 units 38,600 units Prepare quarterly direct labor budgets for Ceradyne Industrial for 2020. It takes 3 hours of direct labor to produce each finished unit of product. Direct labor costs are $20 per hour. Each employee can work 470 hours per quarter. (Round answers to O decimal places, e.g. 125.) Labor hours per unit Labor rate per hour $ Labor cost per unit Units to be produced Labor cost Total hours Average hours per employee per quarter Approximate number of employees needed Quarter 1 Ceradyne Industrial Direct Labor Budget For the Year Ending December 31, 2017 Quarter 2 Quarter $ $ Ceradyne Industrial Direct Labor Budget For the Year Ending December 31, 2017 $ Quarter 2 $ Quarter 3 Quarter 4 $ $ $ $ Year