Exercise 13-11 Flounder Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following CALCU Units to be produced (by quarters): 10,100,12,100, 14,200. 16,700. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: supervisory salanes $38,890; depreciation $19,570; and maintenance $13,090, 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.) FLOUNDER COMPANY FLOUNDER COMPANY Manufacturing Overhead Budget Quarter 1 2 3 Year $ > Direct labor hours Manufacturing overhead rate per direct labor hour