Check n Exercise 7-7 Manufacturing: Direct labor and factory overhead budgets LO P1 Addison Co. budgets production of 2,850 units during the second quarte. Other information is as follows: nts Direct labor Variable overhead Fixed overhead Each finished unit requires 6 direct labor hours, at a cost of $9 per hour Applied at the rate of $11 per direct labor hour. Budgeted at $640, 000 per quarter. eBook Hint Ask Print eferences 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. ADDISON CO Direct Labor Budget Second Quarter Prev 1 of 1iNext 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. ADDISON Co. Direct Labor Budget Second Quarter Units to be produced 2,850 units Total labor hours needed Budgeted direct labor cost Required 2> 1 of 1 Next rch 8 6 5 2 2 Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. olnts Required 1 Required 2 eBook Prepare a factory overhead budget. Hint ADDISON Co Factory Overhead Budget Second Quarter Ask Total labor hours needed Budgeted variable overhead Budgeted fixed overhead Budgeted total overhead