Choo Foo Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2020: May 10.000 Estimated unit sales Sales price per unit Direct labour hours per unit Wage per direct labour hour January 9,000 $54,00 2.0 $8.00 February 10,000 $51.70 2.0 $8.00 March 7,000 $51.70 1.5 $8.00 April 9.000 $51.70 1.5 $51.70 1.5 $9.00 $9.00 Choo-Foo has a labour contract that calls for a wage increase to $9.00 per hour on April 1. It has installed new labour-saving machinery, which will be fully operational by March 1. Choo-Foo expects to begin the year with 14,000 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 Choo Foo by month and for the first quarter of the year. The direct Labour budget should include direct labour hours and show the detail for each direct labour cost category. Round DLH per unit to 1 decimal places, es 1.2labor route per hour to decimal place 12.25 and all other answers to decimal places. 125) CHOO-FOO COMPANY Production Budget For the quarter ending March 31, 2020 Feb Jan Mar I Total CHOO-FOO COMPANY Direct Labour Budget For the quarter ending March 31, 2020 Feb Jan Mar Total 5