Q No.1 Long Beach Tools Corporation has the following direct labor requirements for the production of a machine tool set: Direct labor Required time Hourly Rate Machining 6 10 Assembly 10 8 Forecasted sales for June 6000 units July 5000 Aug 8000 September 7000 June 1, beginning inventory of the tool set was 1500. The desired ending inventory each month is one-half of the forecasted sales for the following month. 1. Prepare a production budget for the months of June, July and August 2. Develop a direct labor budget for the months of June, July, and August for each type of direct labor