DL and FACTORY OH BUDGETS (2pts): Shields \& Co. budgets production of 400,000 units during the fourth quarter of 2022. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 1.2 direct labor hours, at a cost (i.e. wage rate) of $15 per hour. Variable overhead Budgeted at the rate of $2.80 per direct labor hour. Fixed overhead Budgeted at $2,600,000 per quarter. a. Prepare a direct labor budget for the fourth quarter 2022. Use proper formatting, making sure to include the firm's name, the name of the budget, and the budget period. b. Prepare a factory overhead budget for the fourth quarter 2022. Use proper formatting, making sur to include the firm's name, the name of the budget, and the budget period