Exercise 20-5 Manufacturing: Direct labor budget LO P1 The production budget for Manner Compony shows units to be produced as follows: July, 590; August, 650; and September, 510. Each unit produced requires one hour of direct labor. The direct labor rate is currently S16 per hour but is predicted to be $16.75 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 590 850 September Budgeted production (units) 510 units Total labor hours needed Budgeted direct labor cost