Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of the coming year are:

January.................................9,880

February.................................8,800

March..................................12,200

The variable overhead rate is $0.50 per direct labor hour. Fixed overhead is budgeted at $3,140 per month.

Required:

Prepare an overhead budget for the months of January, February, and March, as well as the total for the first quarter.