Addison Company budgets production of 2,820 units during the second quartec, information on its direct labor and its variable and fixed overhead is as follows: Direct labor variable overhesd fixed overhead Each finished unit requires 3 direct labor hours, at a cost of sie per hour. Budgeted at the rate of $12 per direct labor hour. Eudgeted at $610, 080 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. Prepare a direct labor budget. Addison Company budgets production of 2,820 units during the second quarter. Information on its direct labor and iss variable and fixed overhead is as follows: Direct labor Variable overhead Fixed Overhead Each finished unit requires 3 direct labor hours, at a cost of sie per nour. Busgeted at the rate of $12 per direct labor hour. budgeted at $610, oce per quarter. 1. Prepare a direct tabor budget. 2. Prepare a factory overhead budiget. Complete this question by entering your answers in the tabs below. Prepare a factory overhead budget