Which operating budget is prepared first? Budgeted Income Statement Cash Budget Sales Budget Product Budet FCC Company budgets production of 230 units in March and 239 units in April. Each unit requires 15 minutes of direct labor. The direct labor rate is $15.50 per hour. The indirect labor rate is $22.25 per hour. Compute the budgeted direct labor cost for April (Do not round intermediate calculation, only round the final answer to the nearest penny, for example, $27,725.675 would be 27,725.68 ). Which operating budget is prepared first? Budgeted Income Statement Cash Budget Sales Budget Product Budet FCC Company budgets production of 230 units in March and 239 units in April. Each unit requires 15 minutes of direct labor. The direct labor rate is $15.50 per hour. The indirect labor rate is $22.25 per hour. Compute the budgeted direct labor cost for April (Do not round intermediate calculation, only round the final answer to the nearest penny, for example, $27,725.675 would be 27,725.68 )