Exercise 10-9 Pembina Industrial has estimated that production for the next five quarters will be: Production Information 1st quarter, 2017 46,000 units 2nd quarter, 2017 42,000 units 3rd quarter, 2017 50,000 units 4th quarter, 2017 40,000 units 1st quarter, 2018 48,000 units Pembina has overhead costs as follows: Variable Costs Indirect material $3.70 per unit Indirect labor 2 .40 per unit Utilities 1.20 per unit Fixed Costs per Quarter Supervisory salaries $65,000 Factory depreciation 39,500 Other 5,710 Prepare quarterly manufacturing overhead budgets for Pembina Industrial for 2017. (List variable cost items first.) Pembina Industrial Manufacturing Overhead Budget For the Year Ending December 31, 2017 Quarter 2 Quarter 3 Quarter 1 Quarter 4 Year Units to be produced Total fixed overhead Total variable overhead Indirect labor Total overhead Variable costs Utilities Supervisory salaries Indirect material Fixed Costs Factory depreciation Other fixed costs