Fortin Limited produces and sells a single product, a wearable LED light for runners and cyclists. The analytics group at Fortin Limited has developed the following estimates for unit sales in the upcoming year. Budgeted unit sales First Quarter 24,500 Second Third Quarter Quarter 22,000 20,400 Fourth Quarter 22,900 At the end of the previous quarter there were 2,800 units in finished goods inventory. The desired ending finished goods inventory at the end of each quarter is 10% of the next quarter's budgeted sales. Management expects sales in the fourth quarter of the upcoming year to be the same as the first quarter of the following year. Each light requires 0.75 direct labour-hours for assembly and employees are paid $22 per hour. Required: Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecast number of units. (Round "Direct labour time per unit" answers to 2 decimal places. Round "Total direct labour hours needed" answers to whole number.) Answer is complete but not entirely correct. FORTIN LIMITED Direct Labour Budget First Quarter Second Third Quarter Quarter Fourth Quarter Year Units to be produced 23,900 21,840 20,650 23,250x 89,640 Direct labour time per unit (hours) 0.75 0.75 0.75 0.75 0.75 Total direct labour hours needed 17,925 16,380 15,488 17,438 67,230 Direct labour cost per hour $ Total direct labour cost $ 394,350 22.00 $ $ 22.00 $ 22.00 $ 22.00 $ 22.00 360,360 $ 340,736 $ 383,636 $ 1,479,060