Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: July 30,000 August 45,000 September 60,000 October 50,000 Sales in units The company is now in the process of preparing a production budget for the third quarter. Past experience has show that end-of- month inventories of finished goods must equal 10% of the next month's sales. The inventory at the end of June was 3,000 units. Required: Prepare a production budget for the third quarter showing the number of units to be produced each month and for the quarter in total. July August September Quarter Budgeted sales in units Add: Desired ending inventory Total needs Less: Beginning inventory Required production The direct labor budget of Krispin Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor hours. 1st Quarter 5,000 2nd Quarter 4,800 3rd Quarter 5,200 4th Quarter 5,400 Budgeted direct labor hours The company's variable manufacturing overhead rate is $1.75 per direct labor hour and the company's fixed manufacturing overhead is $35,000 per quarter. The only noncash item included in the fixed manufacturing overhead is depreciation, which is $15,000 per quarter. Required: 1.) Construct the company's manufacturing overhead budget for the upcoming fiscal year. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Budgeted direct labor hours * Variable manufacturing overhead rate Total variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Less: Noncash costs Cash disbursement for manufacturing overhead