Preparing an Overhead Budget Patrick Inc. makes industrial solvents. Budgeted direct labor hours for the first 3 months of the coming year are: The varlable overhead rate is $0.80 per direct labor hour. Fixed overhead is budgeted at $2,530 per month. Required: 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