A Service company is in the business of manufacturing shoes items for the school kids in Gujrat. The company has conducted a survey in Gujrat and the results a sales forecast of 750,000 student shoes. Mr. Ahmed a production manager also plans to produce 150,000 shoes for stock. Mr. Ali a manager purchase indicated that we are to purchase 5000 killograms of leather @ Rs 30 per kg and 750 liter of shining oil polish@ Rs 135 per liter are required to produce 13,000 units. Budgeted Manufacturing overhead expenses for the production schedule are: variable factory overhead: Indirect labor0.250 per direct labor hours Indirect supplies...0.004 per unit General factory0.050 per direct labor hours Fixed Factory overhead: Depreciation----buildings. Rs =500/- Depreciation equipement. Rs=800/- SupervisionRs=3200/- Insurance...Rs=220/- Labor Hours and rates for the two operations are: Leather Molder.980 hours @Rs 1300 per hour Shinner expert..720 hours @Rs 2600 per hour. Prepare a manufacturing budget