Saved Help 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 420, 400, 472, 432, and 500 respectively. Budgeted production in units for January, February, and March were 415, 418, and 462 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $21 per hour. The company's variable overhead is $10.00 per unit produced and its fixed overhead is $6,100 per month Required: 1. Determine Galactic's direct labor budget for the first quarter. 2. Determine Galactic's manufacturing overhead budget for the first quarter. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Galactic's direct labor budget for the first quarter. Feb Mar Budgeted Direct Labor Cost Jan 1st Quarter Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Galactic's manufacturing overhead budget for the first quarter. Jan Feb Mar 1st Quarter Budgeted Manufacturing Overhead