Current Designs 10 (Part Level Submission) The Current Designs staff has prepared the annual manufacturing budget for the roteiided line based on an estimated annual production of 3,440 kayaks during 2020. Each kayak will require 54 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.10 per pound, and the finishing kits cost $250 each. Each kayak will use two kinds of labor-2 hours of type I labor from people who run the oven and trim the plastic, and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type I employees are paid $14 per hour, and the type II are paid $11 per hour. Manufacturing overhead is budgeted at $390,400 for 2020, broken down as follows. Variable costs Indirect materials $41,290 Manufacturing supplies 44,720 Maintenance and utilities 86,000 172,000 Fixed costs Supervision 96,000 Insurance 14,400 Depreciation 108,000 218,400 Total $390.400 During the first quarter, ended March 31, 2020, 910 units were actually produced with the following costs. $56,024 227,890 25,480 31,250 Polyethylene power Finishing kits Type 1 labor Type II labor Indirect materials Manufacturing supplies Maintenance and utilities Supervision Insurance Depreciation Total 10.920 11.867 25,210 22.000 3,600 27,000 $441,241 (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2020, when 910 units were produced. (List variable costs before fixed costs. Round answers to 2 decimal places, e.g. 5,275.25.) CURRENT DESIGNS Rotomolded Line Manufacturing Hexible Budget Report For the Quarter Ended March 31, 2020 Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Difference $ S