PLEASE TYPE ONLY AND EXPLAIN YOUR RESPONSES. PLEASE HELP ME CORRECT THE FOLLOWING BELOW. I'm not sure how I got it wrong so please help explain. Use the same terminology the question uses and answer in the same format.

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The manufacturing division manager of Davison Enterprises has submitted the following production forecast (in units) for each quarter of the next fiscal year. The plant produces seats for motorcycles: Units to be produced First Quarter Second Quarter 10,000 8,800 Third Quarter 9,000 Fourth Quarter 9,800 Each unit requires 0.50 direct labour-hours, and employees are paid $15 per hour. Required: 1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units. Davison Enterprises Direct Labour Budget First Second Quarter Quarter 10,000 8,800 Year Third Quarter 9,000 Fourth Quarter 9,800 37,600 0.50 0.50 0.50 0.50 0.50 Units to be produced Direct labour time per unit (hours) Total direct labour hours needed Direct labour cost per hour 5,000 4,400 4,500 4,900 18,800 $ 15.00 $ 15.00 $ 15.00 $ 15.00 $ 15.00 $ 282,000 Total direct labour cost 75,000 66.000 $ 67,500 73,500 2. Prepare the company's direct labour budget for the next fiscal year, assuming that the direct labour workforce is not adjusted each quarter. Instead, assume that the company's direct labour workforce consists of permanent employees who are guaranteed to be paid for at least 4,500 hours of work each quarter. If the number of required direct labour-hours is less than this number, the workers are paid for 4,500 hours anyway. Any hours worked in excess of 4,500 hours in a quarter are paid at a rate of 1.5 times the normal hourly rate for direct labour. Davison Enterprises Direct Labour Budget Second Quarter First Quarter Third Quarter Fourth Quarter Year 10,000 X 8,800 x 9,000 9,800 X 37,600 4,500 4,500 4,500 4,500 5,300 18,000 19,600 5,500 4,300 4,500 Total direct labour hours needed Regular hours paid Overtime hours paid Wages for regular hours Overtime wages Total direct labour cost $ 67,500 $ 11.250 67,500 $ 0 67,500 $ 0 67,500 270,000 9,000 20,250 78,750 67,500 IS 67,500 $ 76,500 290,250 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted