Exercise 20-5 Manufacturing: Direct labor budget LO P1 The production budget for Manner Company shows units to be produced as follows: July, 570; August, 630; September, 490. Each unit produced requires three hours of direct labor. The direct labor rate is currently $15 per hour but is predicted to be $15.75 per hour in September. Prepare a direct labor budget for the months July, August, and September. (Round your "Labor rate" to 2 decimal places.) MANNER COMPANY Direct Labor Budget For July, August, and September July August September Budgeted production (units) 570 630 490 units Total labor hours needed Labor dollars