Addison Company budgets production of 2,860 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 5 direct labor hours, at a cost of $10 per hour. Variable overhead Budgeted at the rate of $12 per direct labor hour. Fixed overhead Budgeted at $650,000 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. Units to produce ADDISON COMPANY Direct Labor Budget Second Quarter 2,860 units Beginning inventory (pounds) Budgeted ending inventory (pounds) Budgeted units sales for month) Direct labor cost per hour Required 1 Required 2 > Saved Exercise 7-13 (Algo) Manufacturing: Direct labor and factory overhead bud Addison Company budgets production of 2,860 units during the second qua labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 5 direct labor hour per hour. Variable overhead Budgeted at the rate of $12 per direct labor ho Fixed overhead Budgeted at $650,000 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. Units to produce Direct labor hours needed ADDISON COMPANY Direct Labor Budget Second Quarter 2,860 units Beginning inventory (pounds) Required 1 Required 2 > Budgeted ending inventory (pounds) Budgeted units sales for month Direct labor cost per hour Exercise 7-13 (Algo) Manufacturing: Direct labor and factory ove Addison Company budgets production of 2,860 units during the se labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 5 direct 1 per hour. Variable overhead Budgeted at the rate of $12 per direct Fixed overhead Budgeted at $650,000 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 total factory overhead < Required 1 Required 2