Exercise 13-11 Sarasota Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following. Units to be produced (by quarters): 10,800, 12,600, 14,900, 16,300. Direct labor: Time is 1.6 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.90; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: supervisory salaries $38,370; depreciation $17,970; and maintenance $13,840. 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.) SARASOTA COMPANY Manufacturing Overhead Budget Quarter 2 3 4 Year $ $ + ali 2000.2020 lohn Wiley & Sons In all Diabte Decaner $ $ $ $ $ Direct labor hours Manufacturing overhead rate per direct labor hour LINK TO TEXT VIDEO: APPLIED SKILLS Question Attempts: 0 of 3 used