Exercise 20-14 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1 Ramos Company provides the following (partial) production budget for the next three months. Each finished unit requires 0.4 hour of direct labor at the rate of $12 per hour. The company budgets variable overhead at the rate of $16 per direct labor hour and budgets fixed overhead of $9,300 per month Production Budget April May Units to produce 570 700 670 1. Prepare a direct labor budget for April, May, and June 2. Prepare a factory overhead budget for April May, and June June Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a direct labor budget for April, May, and June. (Enter your direct labor hours (hours) per unit in two decimal places.) RAMOS COMPANY Direct Labor Budget April May June Required 1 Required 2 Prepare a direct labor budget for April, May, and June. (Enter your direct labor hours (hours) per unit in two decimal pla RAMOS COMPANY Direct Labor Budget April 570 May Juno Units to produce 700 670 units Direct labor hours needed Cost of direct labor (Required 1 Required 2 > Required 1 Required 2 Prepare a factory overhead budget for April, May, and June. RAMOS COMPANY Factory Overhead Budget April May June Direct labor hours needed Budgeted variable overhead Budgeted fixed overhead Budgeted total factory overhead