Pharoah Company makes and sei ls artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the fol lowing information for 2022. January February March April May Estimated unit sales 10.800 12.600 1 1,700 9,900 9.900 Sales price per unit $48.00 $45.50 $45.50 $45.50 $45.50 Direct labor hours per unit 2.0 2.0 1.5 1.5 1.5 Wage per direct labor hour $10 $10 $10 $11 $11 Pharoah has a labor contract that calls for a wage increase to $11 per hour on April 1. New laborsaving machinery has been installed and will be fully operational by March 1. Pharoah expects to begin the year with 15.830frames on hand and has a policy of carrying an endofmonth inventory of 100% ofthe following month's sales. plus 40% of the second following months sales. Prepare a direct labor budget for Pharoah Company by month and for the first quarter of the year. The direct labor budget should include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place, e.g. 52.7.) PHAROAH COMPANY Direct Labor Budget For the Quarter Ending March 31, 2022 v Jan Feb Mar duced v ime (Hours) Per Unit v I Direct Labor Hours Cost Per Hour S $ $ bor Cost v $ $