Eagle Corporation has the following direct labor requirements for the production of a machine tool set: Direct Labor Required Time Hourly Rate Machining Assembly (hours) 6 10 ($) 10 8 Forecasted sales for June, July, August and September are 6000, 5000, 8000 and 7000 units, respectively. June 1 beginning inventory of the tool set was 1500 unit. The desired units in ending inventory each month is one-half of the forecasted sales for the following month. Required: 1. Prepare a production budget (in units) for the months of June, July and August. 2. Develop a direct labor budget (in $) for the months of June, July and August for each type of direct labor.