Waterway Inc is preparing its direct labour budget for 2022 from the following production budget for a full calendar year: Each unit requires 1.2 hours of direct labour. Prepare a direct labour budget for 2022. Wage rates are expected to be $16 for the first two quarters and $18 for the remaining two quarters. WATERWAY INC. Direct Labour Budget For the Year Ending December 31, 2022 Quarter 1 2 3 Units to produce Direct labour hours per unit Direct labour hours required Total by quarter