Sheffield Furniture builds high-end hand-made dining tables. Attacus Simmons, the company's owner, has developed the following sales forecast for 2022. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Forecasted sales (tables) 2,700 3,500 2,900 1,700 Because of the time needed to create each table, Sheffield maintains an ending Finished Goods Inventory of 20% of the following quarter's budgeted sales. Sheffield has been following this inventory policy for several years. The company ended 2021 with 400 tables on hand. The standard cost card for a table is as follows: Standard Quantity Standard Price Total Standard Cost American cherry wood 20 board feet $4/board foot $80 American cherry turning square (legs) 4 squares $8/square 32 Direct labor 8 DLH $15/DLH 120 Variable overhead 8 DLH $45/DLH 360 Fixed overhead 8 DLH $12/DLH 96 $688 Assume that because of the skill level required to make the tables, Sheffield cannot easily hire additional workers to handle peaks in demand. Consequently, the company maintains a steady workforce of 40 employees and guarantees each worker 500 hours per quarter. For any additional time required to complete the scheduled production, these same workers earn 1.5 times their normal hourly rate. Prepare Sheffield's direct labor budget for 2022. (Round overtime rate to 2 decimal place, e.g. 52.75 and all other answers to O decimal places, e.g. 5,275.) 2nd Quarter +A +A +A 3rd Quarter 4th Quarter Annual Direct Labor Budget 20000 22.5 20000 + $ LA 22.5 $ CA CA LA $ 20000 LA $ 22.5 +A $ i +A $ +A +A