Madden 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 Zoom, the Imperial and the Rocket models. Click the icon to vw the direct labor hour 1nformation. Click he icon to view the unit production information. Requirement Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for each department and for the company as a whole Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and finally the company as a whole Madden Industries Direct Labor Budget For the Upcoming Year Data Table Data Table Zoom Imperia Rocket Total The company is currently analyzing direct labor hour requirements for the upcoming year Cutting Department 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 Budgeted unit production for each of the products is as follows: Cutting Assembly Number of units to be produced Estimated hours per unit Product model: Zoom Imperial Rocket 1.4 2.5 Zoom Imperial Rocket 500 770 820 2.7 1.8 Direct labor hour rate S 8 S 1 Print Done Print Done