Exercise 22-14 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1 Ramos Company provides the following (partia) production budget for the next three months. Each finished unit requires 0.5 hour of direct labor at the rate of $20 per hour. The company budgets variable overhead at the rate of $24 per direct labor hour and budgets fixed overhead of $8,400 per month. 1. Prepare a direct labor budget for Aprit, May, and June. 2. Prepare a foctory overhead budget for Apri, May, and June. Complete this question by entering your answers in the tabs below. Prepare a dizect labor budget for April, May, and June. Note: Fnter your direct ibbor hours (hours) per unit in two decimal places