Exercise 8-4 (Algo) Direct Labor Budget (LO8-5) The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year 1st Quarter 11, 4ee 2nd Quarter 8,500 3rd Quarter 8,7ee 4th Quarter 11, eee Units to be produced Each unit requires 0.45 direct labor-hours, and direct laborers are paid $20.00 per hour Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter Yoar 4th Quarter 3rd Quarter Direct labor time per unit (hours) Total direct labor hours needed Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quartor Year 4th Quarter 3rd Quarter Direct labortimo per unit hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost