Monty Company is preparing its direct labor budget for 2022 from the following production budget based on a calendar year: Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $22 per hour on October 1. Prepare a direct labor budget for 2022. MONTY COMPANY Direct Labor Budget Second Quarter Third Quarter Fourth Quarter Total MONTY COMPANY Direct Labor Budget First Quarter Second Quarter Third Quarter