Show Me How Print tem Preparing an Overhead Budget Patrick Inc. makes industrial solvents. Budgeted direct labor hours for the first 3 months of the coming year are: January February March 13,140 12,300 15,075 The variable overhead rate is $0.70 per direct labor hour. Fixed overhead is budgeted at $2,720 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 Overhead: Patrick Inc. Overhead Budget For the Coming First Quarter Total direct labor hrs: Variable overhead rate Total variable overhead Add: Fixed overhead Total overhead January February March Total Previous Next