Exercise $8-4($Algo$)$ Direct Labor Budget $[$LO$8-5]$

The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:

$\backslash$table$[[$Units to be produced,$1$ st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter$],[,12,000,9,000,7,200,11,300]]$

Each unit requires $0\mathrm{.}65$ direct labor$-$hours, and direct laborers are paid $$20\mathrm{.}00$ per hour.

Required:

Prepare the company's direct labor budget for the upcoming fiscal year. $($Round "Direct labor time per unit $($hours$)"$ answers to $2$ decimal places.$)$

$\backslash$table$[[$Rordan Corporation,$],[$Direct Labor Budget,$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$],[$Direct labor time per unit $($hours$),,,,,],[$Total direct labor$-$hours needed,,,,,$],[$Direct labor cost per hour,,,,,$],[$Total direct labor cost,,,,,$]]$