Sea Pines Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Both rackets are produced in two departments. Forming and Assembly. The direct labor hours required for each racket are estimated as follows: The direct labor rate for each department is as follows. REQUIRED: Prepare the direct labor cost budget for March. Using formulas and cell references from the problem data, perform the required analysis. Formulas entered in the green cells show in the orange cells. Transfer amounts to CNOWV2 for grading. Jsing formulas and cell references from the problem data, perfom the required analysis. Formulas entered in the green cells show in the orange cells. Transfer amounts to CNOWR2 for grading. CEA DINEE CONPANY The direct labor rate for each department is as followis irepare the direct laboc cost budget for March. Round your answers for an hourly rate to two decimal places. Enter all amounts as positive numbers