Kenneth Pharoah, Concord & Pharoah Fabricators' production manager, has just completed the company's pr budget for the first quarter. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. January 28,400 February 29,600 March 32,600 Quarter 90,600 Budgeted Production Each brick requires 12 minutes to produce, and Kenneth expects to pay workers $17 per direct labor hour in the coming year. Prepare Concord & Pharoah's direct labor budget for the first quarter. (Round per unit answers to 2 decimal places, eg. 0.35 & all other answers to 0 decimal places, e.g. 5,275. Convert minutes to hour for calculation, e.g. 15 minutes is 25 hours.) January February March $ $ $ $ $ $ $ sjust completed the company's production budget for ry each month that will meet 20% of the following orkers $17 per direct labor hour in the coming year. und per unit answers to 2 decimal places, e.g. 0.35 & hour for calculation, e.g. 15 minutes is 25 hours.) March Quarter $ $