Exercise 20-13 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1 Addison Company budgets production of 2.810 units duting the second quartet. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Variable overhead Fixhd overhead Fach finished unit requires 6 direct labor hours, at a cost of $9 per hour. fudgeted at the rate of $11 per direct labor hour. Budseted ot $600,000 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. Prepare a direct labor budget. 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 factory overhead budget