Trevor Toy Company. Balance Sheet December 31, 2024 Assets Current Assets: Cash 60,000 Accounts Receivable 18,000 Raw Materials Inventory 3,300 Finished Goods Inventory 19,250 Total Current Assets $ 100,550 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation Total Assets Liabilities 188,000 (39,000) 149,000 $ 249,550 Read the requirements GOOD Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, XXX, and round all other amounts to the nearest whole number.) Review the production budget you prepared above. Trevor Toy Company Direct Labor Budget For the Year Ended December 31, 2025 Direct labor hours needed for production Budgeted direct labor cost First Quarter Second Quarter Third Quarter Fourth Quarter Total Etext pages Calculator Ask my instructor Clear all