Rad Co. provides the following sales forecast and production budget for the next four months: April May June July 590 670 620 690 Sales (units) Budgeted production (units) 530 660 630 630 The company plans for finished goods inventory of 210 units at the end of June. In addition, each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 795 pounds. Each finished unit requires 0.50 hours of direct labor at the rate of $20 per hour. The company budgets variable overhead at the rate of $24 per direct labor hour and budgets fixed overhead of $8,900 per month. 1. Prepare a direct labor budget RAD CO Direct Labor Budget For April, May, and Junc May 1 April June 530 660 630 units Budgeted production (units) Total labor hours needed Labor cost