Exercise 8-4 (Algo) Direct Labor Budget [LO8-5] The production manager of Rordan Corporation prepared the following quarterly production forecast for next year: Each unit requires 0.25 direct labor-hour, and direct laborers are paid $16.00 per hour. Required: 1. Prepare a direct labor budget for next year. Note: Round "Direct labor time per unit (hours)" answers to 2 decimal places