Addison Co. budgets production of 2,460 units during the second quarter. Other information is as follows:

Direct labor		Each finished unit requires 4 direct labor hours, at a cost of $10 per hour.
Variable overhead		Applied at the rate of $12 per direct labor hour.
Fixed overhead		Budgeted at $510,000 per quarter.

1. Prepare a direct labor budget. 2. Prepare a factory overhead budget.

Complete this question by entering your answers in the tabs below.

• Required 1
• Required 2

Prepare a direct labor budget. Required 1

ADDISON CO.
Direct Labor Budget
Second Quarter
Units to be produced	2,460	units
Total labor hours needed
Budgeted direct labor cost

• Required 2

• Complete this question by entering your answers in the tabs below.

• Required 1
• Required 2

• Prepare a factory overhead budget.

  ADDISON CO.
  Factory Overhead Budget
  Second Quarter
  Total labor hours needed
  Budgeted variable overhead
  Budgeted fixed overhead
  Budgeted total overhead

• Required 2