the budgeted production ofCapricorn, Inc. is8,000 units per month. Each unit requires 20 minutes of direct labor to complete. The direct labor rate is$70 per hour. Calculate the budgeted cost of direct labor for the month.(Round any intermediate calculations to the nearest cent and your final answer to the nearestdollar.)

2.Robust Resources expects to sell 480 units of Product A and 410 units of Product B each day at an average price of$15 for Product A and$25 for Product B. The expected cost for Product A is35% of its selling price and the expected cost for Product B is63% of its selling price. Robust Resources has no beginninginventory, but it wants to have a fourday supply of ending inventory for each product. Compute thecompany's budgeted sales for the next (sevenday) week.