please answer all of it
Required information The following information applies to the questions displayed below.) Spiffy Shades Corporation manufactures artistic frames for sunglasses. Talia Demarest, controller, is responsible for preparing the company's master budget. In compiling the budget data for 20x1, Demarest has learned that new automated production equipment will be installed on March 1. This will reduce the direct labor per frame from 2.0 hours to 1.75 hours. Labor-related costs include pension contributions of $0.80 per hour, workers' compensation insurance of $0.50 per hour, employee medical insurance of $2 per hour, and employer contributions to Social Security equal to 6.00 percent of direct- labor wages. The cost of employee benefits paid by the company on its employees is treated as a direct labor cost. Spiffy Shades Corporation has a labor contract that calls for a wage increase to $20.00 per hour on April 1, 20x1. Management expects to have 23,500 frames on hand at December 31, 20x0, and has a policy of carrying an end-of-month inventory of 100 percent of the following month's sales plus 50 percent of the second following month's sales. These and other data compiled by Demarest are summarized in the following table. January February $18.00 15,000 $ 56.00 18.00 17.000 $ 53.50 March 1.75 18.00 13.000 $ 53.50 April 1.75 $ 20.00 14.000 $ 53.50 May 1.75 $ 20.00 14.000 $ 53.50 Direct-labor hours per unit Wage per direct labor hour Estimated unit sales Sales price per unit Production overhead: Shipping and handling (per unit sold) Purchasing, material handling, and inspection (per unit produced) Other production overhead (per direct-labor hour) $ 2.00 $ 2.00 $ 2.00 $ 2.00 $ 2.00 $ 3.00 $ 7.00 $3.00 $ 7.00 53.00 53.00 53.00 $ 7.00 $ 7.00 7.00 Required information SPIFFY SHADES CORPORATION Budget for Production and Direct Labor For the First Quarter of 20x1 Month January February 15,000 17,000 March 13,000 Quarter 45,000 Sales (units) Add: Ending inventory Total needs 15,000 17,000 13,000 45,000 15,000 17,000 13,000 45,000 Units to be produced Direct-labor hours per unit Total hours of direct labor time needed Direct-labor costs: Wages Pension contributions Workers' compensation insurance Employee medical insurance Employer's social security Total direct-labor cost $ 0 0 $ 0