B Quizzes - Fall Semester 2021/ x /Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=210667&isprv=&drc=0&qi=394663&cfql=0&dnb=0&fromQB=0 3 - LO 5 X 2:00:00 Time Left:1:55:06 Rajveer Kaur: Attempt 1 Add a File Record Audio Record Video Question 13 (20 points) The production department of Ashdowns's Furniture has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. 9 1 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Units to be 16,000 15,000 14,000 15,000 12 produced Each unit requires 0.40 direct labour-hours and direct labour-hour workers are paid $11.50 per hour. In addition, the variable manufacturing overhead rate is $1.25 per direct labour- hour. The fixed manufacturing overhead is $180,000 for the year. The only noncash element of manufacturing overhead is depreciation, which is $17,000 per quarter. REQUIRED: a. Prepare a direct labour budget for the upcoming fiscal year by quarter. (8 marks) b. Prepare a manufacturing overhead budget for the upcoming fiscal year by quarter. 12 marks) Paragraph. age_55415491 (1).JPG O w M 9 DELL