Oswald Company is preparing its direct labor budget for 2018 from the following production budget based on a calendar year:?Quarter? Units??1?40,000?2?20,000?3?30,000?4?50,000Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $11 per hour on October 1. InstructionsPrepare direct labor budget for 2018.

Oswald Company is preparing its direct labor budget for 2018 from the following production budget based on a calendar year: Quarter Units 1 40,000 2 20,000 3 30,000 4 50,000 Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $11 per hour on October 1. Instructions Prepare a direct labor budget for 2018