Smith Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models, the Zoom, the Flash, and the Royal models. (Click the icon to view the direct labor hour information.) production information.) Requirement (Click the icon to view the unit Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for each department and for the company as a whole. Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and finally the company as a whole. Flash Royal Total Cutting Department Units to be produced Multiply by: Direct labor hours per unit Total cutting hours required Multiply by: Direct labor cost per hour Budgeted direct labor cost Smith Industries Direct Labor Budget For the Upcoming Year Zoom mith Industries manufactures three models of a product in a single plant wit odels, the Zoom, the Flash, and the Royal models. (Click the icon to view the direct labor hour information.) Requirement (Click Prepare a direct labor budget for the upcoming year that shows the budgeted Data table The company is currently analyzing direct labor hour requirements for the upcoming year. Data table Budgeted unit production for each of the products is as follows: Number of units to be produced Product model: Zoom 540 Flash. 770 Royal 870 Print Done - Cutting Assembly Estimated hours per unit: Zoom 1.5 2.7 Flash 1.8 2.5 Royal 1.4 2.6 Direct labor hour rate..... $ 13. $ 14 Print Done