Hoffman Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models, the Regal, the Royal, and the Rocket models. (Click the icon to view the direct labor hour information.) (Click the icon to view the unit production Requirement Data table Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for each departme The company is currently analyzing direct labor hour requirements for the up Cutting Assembly Hoffman Industries Direct Labor Budget For the Upcoming Year Regal Royal Rocket Total Estimated hours per unit Regal 12 27 Royal 16 22 Rocket 1.5 21 Cutting Department Direct labor hour rate. 5 9 $ 12 Units to be produced Multiply by: Direct labor hours per unit Total cutting hours required Multiply by: Direct labor cost per hour Budgeted direct labor cost Assembly Department Units to be produced Multiply by: Direct labor hours per unit Total assembly hours required Multiply by Direct labor cost per hour Budgeted drect labor cost Total budgeted direct labor cost Data table Print Done Budgeted unit production for each of the products is as follows: Number of units to be produced Product model Regal 570 Royal 700 Rocket 010