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Addison Company budgets production of 2,460 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Variable overhead Fixed overhead Each finished unit requires 4 direct labor hours, at a cost of $10 per hour. Budgeted at the rate of $12 per direct labor hour. Budgeted at $510, 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. Addison Company budgets production of 2,460 units during the second quartet. Information on its direct labor and its variable and fixed overhead is as follows: Olrect laber Variable overhead Fixed overhead Each finished unit requires 4 direct labor hours, at a cast of 510 per hour. Budgeted at the rate of $12 per direct labor hour. Budgeted at $510, eeb per quarter. 1. Prepare a direct tabor budpet. 2. Prepare a factory cverhead budget. Complete this question by entering your answers in the tabs below. Prepare a factory overhead budget