Pharaoh Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022: Estimated unit sales Sales price per unit Direct labour hours per unit Direct labour cost per hour January 11.000 $55.00 2.00 $8.00 February 11,000 $52.30 2.00 $8.00 March 8,000 $52.30 1.50 $8.00 April 10,000 $52.30 1.50 $9.00 May 8,000 532.30 1.50 $9.00 22C Clear Pharoah has a labour contract that calls for a wage increase to $9.00 per hour on April 1. It has installed new labour-saving machinery. which will be fully operational by March 1. Pharoah expects to begin the year with 16,500 frames on hand and has a policy of carrying an