Dominion Industries manufactures three models of a product in a single plant with two departments Cutting and Assembly. The company has estimated costs for each of the three product models, the Economy, the Standard, and the Premium models Click the icon to view the direct labor hour information) (Click the icon to view the unit production information) Requirement Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for each department and for the company as a whole CETTE Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and finally the company as a whole. Dominion Industries Direct Labor Budget For the Upcoming Year Cutting Department Units to be produced Multiply by: Direct labor hours per unit Economy Standard Premium Total Save orre M/10) V15) 10 n H m ti m re Data table The company is currently analyzing direct labor hour requirements for the upcoming year. Cutting Assembly Estimated hours per unit: Economy Standard Premium Direct labor hour rate.. ******* 1.2 1.3 1.4 $10 $ 2.8 2.2 21 12 - X The h.) the c hole. Data table Budgeted unit production for each of the products is as follows: Number of units to be produced Product model Economy Standard Premium 510 700 860 1 X ne le c le