Direct Labor Cost Budget: Ace Raeket Company manufactures two types of tennis rackets, the Junior and Pro striker models. The production budget far July for the trio rackets is as feliaws: Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: The difect labor rate for each department is as follows: Prepare the direct labor cost budget for July. Prepare the direct labor cost budget for july