Direct Laber Cost Budpet Ace Rackes Company manufactures two types of tennis rackets, the Junibr and Pro Striker models. The production budget for July for the two rackets is as followsi Both rackets are produced in two departments, Forming and Assenbly. The direct labor hours required for each racket are estimated as follows: The srect tabor rate for each department is as follews: Prepare the direct lahor cost budpet for July