Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017 Machine setup-hours is the only driver of manufacturing overhead costs. Dazzling has a set up capacity of 1,320 hours Data table 1. Quantity of lamps to be produced 2. Number of lamps to be produced per batch 3 Setup time per batch Variable cost $40 per setup-hour Fixed cost $79,000 Knox 25,000 lamps Ayer 9,000 lamps 125 lamps/batch 3 hours/batch 50 lamps/batch 4 hours/batch Schedule 5: Manufacturing Overhead Costs Budget for the Year Ending December 31, 2017 Machine Setup Overhead Costs Variable costs Fixed costs Total machine setup overhead costs Total manufacturing overhead costs Ask my instructor