Exereise 7.13 (Algo) Manufacturing: Direct labor and factory overheod budgets LO P1 frepd opstitead h at fogows Qirect inis 1. Hizpare a diect lapor budget. 2. Wepart a fachary iwerhead buouer Prepare a ained sabor bedoet. Exercise 7.13 (Algo) Manufacturing: Direct Inbor and factory overhead budgets LO P1 heed aveifead an is flesent. 2. Thepare a factery onerneda tianget Prapar a factory wesheat buidoet. Exercise 7.13 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1 Addison Company budgets production of 2,840 units during the second quarter Information on its direct labor and its variable and fixed overhead is as foliows: oirect labor Vartable averhead Pires overhead tnch fintshed unlt requires a direct labor hours, at a cost of su per haur. budgeted at the rate of s10 pen direct labor hour. 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 factary ovethead budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Prepare a direct labor budget. Direct 1 isor Variable overhead Each finisheit unit requires 4 direct labor hours, af a sust of so per hour. I Ixed overhead Budgeted on the rote of sta per difect labor hour. budgeted bt 5630 , ono per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question try entering your answers in the tabs below, Prepare a factory overthead budget