Question: To fulfil Lockden's request, first, insert a new worksheet at the end of the Excel template and set up a new direct labor budget

To fulfil Lockden's request, first, insert a new worksheet at the end of the Excel template and set up a new direct labor budget (only for LH075). Then, answer the following questions: a. Calculate the LH075 cost for each month in the first quarter and the total cost for the first quarter under the proposed labor contract. b. If Lockden's primary objective is cost reduction, would you recommend the proposed labor contract?

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