Sheridan Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022 . Sheridan has a labour contract that calls for a wage increase to $8.00 per hour on April 1 . It has installed new labour -saving machinery. which will be fully operational by March 1. Sheridan expects to begin the year with 16,000 frames on hand and has a policy of carrying an end-of-month inventory of 100 of the following month's sales, plus 50% of the next month's sales. (a) Prepare a production budget and a direct labour budget for Sheridan by month and for the first quarter of the year. The direct labour budset should include direct labour houirs and show the detail for each direct labour cost category, (Round DUH per umit and labor nute per hour to 2 decimal ploces, es. 12.25 and all other answers to 0 decimal places, es. 125) Total SHERIDAN COMPANY Direct Labour Budget For the quarter ending March 31, 2022