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. Ivanhoe Compary makes and seils artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information
. Ivanhoe Compary makes and seils artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022 : Ivanhoe has a labour contract that calls for a wage increase to $10.00 per hour on April 1. it has instalied new labour-saving machinery. which wilt be fully operationat by March 1. Ivanhoe expects to begin the year with 15,000 frames on hand and has a policy of carrying an end-of-month inventory of 1000 of the followirg monthis sales, plos 508 of the nest monthis sales. (a) Prebare a production budget and a direct lobour budget for ivanhoe by momth and for the first quarter afthe year The direct labour budyet should include direct labour hours and show the detall for each direct tabour cost category. (Round DUH per unit and labor rote per hour to 2 decimol places, es. 12.25 and alf other answers to 0 deolmal places, eg, 125
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