Exercise 13-10 Bridgeport Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2017. March January 10,200 $50.00 2.0 Estimated unit sales Sales price per unit Direct labor hours per unit Wage per direct labor hour February 11,700 $48.20 2.0 $8.00 May 8,200 $48.20 April 8,100 $48.20 1.7 $9.00 8,600 $48.20 1.7 $8.00 1.7 $9.00 $8.00 Bridgeport has a labor contract that calls for a wage increase to $9.00 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Bridgeport expects to begin the year with 14,880 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. Prepare a production budget for Bridgeport Company by month and for the first quarter of the year. BRIDGEPORT COMPANY Production Budget Jan Feb Mar Total LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Prepare a direct labor budget for Bridgeport Company by month and for the first quarter of the year. The direct labor budget should include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place, e.g. 52.7.) BRIDGEPORT COMPANY Direct Labor Budget Jan Feb Mar Total $ $ $