Exercise 07-5 Manufacturing: Direct labor budget LO P1 The production budget for Manner Company shows units to be produced as follows: July, 540; August, 600; and September. 460. Each unit produced requires three hours of direct labor. The direct labor rate is currently $17 per hour but is predicted to be $1775 per hour in September Prepare a direct labor budget for the months July, August, and September. MANNER COMPANY Direct Labor Budget For July, August, and September July August 540 600 September Budgeted production (units) 460 units Total labor hours needed Budgeted direct labor cost