Read the cocumenth Clark Company makes and sells artistic frames for pictures of weddings, graduations, and other special events, Ron Crowley, the controler, is responsible for preparing Clark's master budget and has accumulated the following information for 2021: (Click the icon to view some of the financial information.) Click the loon to vew additional infermation.) Read the recuitements: Requirement 1. Prepare a production budget and a direct manufacturing laboe cost budget for Clark Company by month and for the first quarter of 2021 . You may combine both budgets in one schodule. The direct manufacturing labor cost budgot should include labor-hours and show the detais for each labor cost calegory. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calalate the values for the quarter. Finish by preparing the bottom portion of the schedule for the drect manufacturing iabor by month, then quarter, (Entor the direct manutacturng laboc hours per unit to one decimal place: X. Do not round interin calculations, and then enter all amounts in the budget fother than the drect manufacturing labor-hours per unitf to the nearest whole number.]. Requirement 2. What actions has the budget process prompted Clark's manegement to take? (Select all that apply.) Clark's management would look for ways to Requirement 3. How might Clark's managers use the budgot developed in requirement 1 to better manage the company? Clark's management should work with employees to Read the cocumenth Clark Company makes and sells artistic frames for pictures of weddings, graduations, and other special events, Ron Crowley, the controler, is responsible for preparing Clark's master budget and has accumulated the following information for 2021: (Click the icon to view some of the financial information.) Click the loon to vew additional infermation.) Read the recuitements: Requirement 1. Prepare a production budget and a direct manufacturing laboe cost budget for Clark Company by month and for the first quarter of 2021 . You may combine both budgets in one schodule. The direct manufacturing labor cost budgot should include labor-hours and show the detais for each labor cost calegory. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calalate the values for the quarter. Finish by preparing the bottom portion of the schedule for the drect manufacturing iabor by month, then quarter, (Entor the direct manutacturng laboc hours per unit to one decimal place: X. Do not round interin calculations, and then enter all amounts in the budget fother than the drect manufacturing labor-hours per unitf to the nearest whole number.]. Requirement 2. What actions has the budget process prompted Clark's manegement to take? (Select all that apply.) Clark's management would look for ways to Requirement 3. How might Clark's managers use the budgot developed in requirement 1 to better manage the company? Clark's management should work with employees to
