EXERCISE 9-4 Direct Labor Budget [LO 9-5] The prociuction manager of Junnen Corporation has submitted the following forecasi of units to be produced for each quarter of the upcoming fiscal year. Required: 1. Construct the company's direct labor budget for the upcoming tiscal year, assuming that the direct labor workforce is adjusted each quarter to march ihe number of hours required to oroduce the forecasted number of units produced. 2. Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. Instead, assume that the company's direct labor workforce consists of permanent employees who are guarantece to be paid for as least 1,800 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 1,800 hours anyway. Any hours worked in excess of 1,800 hours in a quarter are paid at the rate of 1.5 timos the normal hourly rate for direat labor