prepare a direct labor budget for vaughn company by month and for the first quarter of the year. the direct labor budget should include direct labor hours.

Vaughn 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. Vaughn has a labor contract that calls for a wage increase to $8.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Vaughn expects to begin the year with 21,824 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. (a) Prepare a production budget for Vaughn Company by month and for the first quarter of the year. Vaughn 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. Vaughn has a labor contract that calls for a wage increase to $8.0 per hour on April 1. New labor-5aving machinery has been installed and will be fully operational by March 1. Vaughn expects to begin the year with 21,824 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. (a) Prepare a production budget for Vaughn Company by month and for the first quarter of the year. Prepare a direct labor budget for Vaughn 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.)