Preparing an Overhead Budget Patrick Inc. makes industrial solvents. Budgeted direct labor hours for the first three months of the coming year are: The variable overhead rate is $0.70 per direct labor hour. Fixed overhead Is budgeted at S2,750 per month. Prepare an overhead budget for the months of January, February, and March, as well as the total for the first quarter. Do not Include a multiplication symbol as part of your answer. Round Total variable overhead and Total overhead to the nearest dollar