Direat labor cost budget Frovo Facket Company manufactures twa types of ternis rackets, the Youth and Adult modets, The production budqet for luly far the two rackets is an folowiz Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are, estimated as followsi. The direct labor rate for each department in as follows: Forming Department 517.00 per hour Assembly Department $1200 per hour Prepsre the dreet labor coat budget for july. The direct labor rate for each department is as follows: Forming Department \$17,00 per hour Assembly Department \$12,00 per hour Prepare the direct labor cost budget for July