Addison Company budgets production of 2,770 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requiren 4 direct labor hours, at a cost of $9 per hour. Variable overhead Dudgeted at the rate of $11 per direct labor hour. Fixed overhead Tudgeted at $560,000 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 direct labor budget. ADDISON COMPANY Direct Labor Budget Second Quarter 2.770 Un to produce Director housed Cost of director Addison Company budgets production of 2.770 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 4 direct labor hours, at a cost of $9 per hour. Variable overhead Budgeted at the rate of $11 per direct labor hour. Fixed overhead Budgeted at $560,000 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 factory overhead budget. ADDISON COMPANY Factory Overhead Budget Second Quarter Direct labor hours needed Budgeted variable overhead Budgeted fixed overhead Budgeted total factory overhead