1 E8-22 (Algo) Preparing the Direct Labor and Manufacturing Overhead Budgets [LO 8-3d, e] Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 320, 300, 372, 332, and 400 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $16 per hour. The company's variable overhead is $5 per unit produced and its fixed overhead is $5,600 per month. 5.7 points Required: 1. Determine Galactic's direct labor budget for the first quarter. 2. Determine Galactic's manufacturing overhead budget for the first quarter eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Determine Galactic's direct labor budget for the first quarter. Jan Feb Mar 1st Quarter Budgeted Direct Labor Cost Required 1 Required 2 1 E8-22 (Algo) Preparing the Direct Labor and Manufacturing Overhead Budgets [LO 8-3d, e] Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 320, 300, 372, 332, and 400 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $5 per unit produced and its fixed overhead is $5,600 per month. $16 per hour. The company's variable overhead 57 points Required: 1. Determine Galactic's direct labor budget for the first quarter. 2. Determine Galactic's manufacturing overhead budget for the first quarter. eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Determine Galactic's manufacturing overhead budaet for the first quarter. Jan Feb Mar 1st Quarter Budgeted Manufacturing Overhead Requlred 2 Required 1