Blue Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following. Units to be produced (by quarters): 10,700, 12,500, 14,800, 16,800. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.20; and maintenance $0.70 Fixed overhead costs per quarter: supervisory salaries $36,290; depreciation $18,530; and maintenance $13,420. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable costs before fixed costs.) BLUE COMPANY Manufacturing Overhead Budget Quarter 2 3 4 Direct labor hours Manufacturing overhead rate per direct labor hour