Deep Valley Foods manufactures a product that is first smoked and then packed for shipment to customers. During a normal month the product's direct labor cost per pound is budgeted using the following information. Direct Labox Hours (per pound) Budgeted Direct Labor cost (per hour) Process Smoking Packing 0.00 0.06 520 12 The budget for March calls for the production of 500,000 pounds of product. However, March's direct labor costs for smoking are expected to be 5 percent above normal due to anticipated scheduling inefficiencies. Yet direct labor costs in the packing room are expected to be 4 percent below normal because of changes in equipment layout Prepare a budget for direct labor costs in March using three column headings: Total, Smoking, and Packing Answer is complete but not entirely correct. DEEP VALLEY FOODS Budget for Direct Labor Costs For the Month Ended March 31st Total Smoking Packing $ 840,000 $ 840,000 374,400 374,400 $ 1,214,400 $ 840,000 5 374,400 Smoking Packing Totals