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Madden Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models: the Zip, the Imperial, and the Flash. (Click the icon to view the direct labour hour information.) E: (Click the icon to view the unit production information.) Requirement 1. Prepare a direct labour budget for the upcoming year that shows the budgeted direct labour costs for each department and for the company as a whole. Prepare the direct labour budget for the Cutting Department, then the Assembly Department, and finally the company as a whole. Start with the budget for the Cutting Department Madden Industries Direct Labour Budget For the Upcoming Year Zips Imperials Flashes Total Cutting Department Units to be produced Direct labour hours per unit Total cutting hours required Direct labour cost per hour Budgeted DL cost Data table Data table The company is currently analyzing direct labour hour requirements for the upcoming year. Cutting Assembly Estimated hours per unit: Zips 1.4 2.4 Imperials 1.3 2.0 Flashes 1.8 2.2 Direct labour hour rate... $ 8 $ 9 Budgeted unit production for each of the products is as follows: Number of units to be produced Product model: 580 Zips Imperials Flashes 780 850 00