10 5.26 points Exercise 20-14 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1 Ramos Company provides the following (partial) production budget for the next three months. Each finished unit requires 0.2 hour of direct labor at the rate of $10 per hour. The company budgets variable overhead at the rate of $14 per direct labor hour and budgets fixed overhead of $9,100 per month. eBook Hint Print References Production Budget Units to produce April May June 550 680 650 1. Prepare a direct labor budget for April, May, and June. 2. Prepare a factory overhead budget for April, May, and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a factory overhead budget for April, May, and June. RAMOS COMPANY Factory Overhead Budget April May June Direct labor hours needed Variable overhead rate per direct labor hour Budgeted variable overhead Budgeted fixed overhead Budgeted total factory overhead < Required 1 Required 2 >