Please prepare the production budget for this question .

PRINTER VERSION 1 BACK NEXT Choo-Foo Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2020: January February March April May Estimated unit sales 10,000 11,000 7,000 8,000 8,000 Sales price per unit $51.00 $48.40 $48.40 $48.40 $48.40 Direct labour hours per unit 2.0 2.0 1.5 1.5 1.5 Wage per direct labour hour $8.00 $8.00 $8.00 $9.00 $9.00 Choo-Foo 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. Choo-Foo expects to begin the year with 18,000 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 50% of the next month's sales. (a ) Prepare a production budget and a direct labour budget for Choo-Foo by