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Prrect labor cost budget Provo Racket Company manufactures two types of tennis rackets, the Youth and Aduat models, The production budget for July for the two rackets is as follows: Both rackets are produced in two departments, forming and Assembiy. The direct labor hours required for each racket are estimated as follows: The direct labot rate for each department is as follows: Forming Departiment 517.00 per hour Aswerndly Department $12.00 per hour Frepare the dired berer cont butget for suly