Exercise 23-11 Your answer is partially correct. Try again Atlanta Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following Units to be produced (by quarters): 10,100, 12,800, 14,500, 17,000 Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.30; and maintenance $0.70 Fixed overhead costs per quarter: supervisory salaries $38,220; depreciation $17,810; and maintenance $14,920 Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable expenses before fixed expense.) ATLANTA COMPANY Overhead Budget For the Year Ending December 31, 2017 Quarter Year Depreciation Maintenance 10,100 12,800 14,500 17,000 54,4 Total Variable 1.5 1.5 1.5 1.5 Direct Materials Per Unit 15,150 19,200 21,750 25,500 81,6 Fixed Costs 12,120 15,360 17,400 20,400 65,2 Variable Costs Indirect Materials 19,695 24,960 28,275 33,150 106,0 Indirect Labor 10,605 13,440 15,225 17,850 57,1 Maintenance 42,420 53,760 60,900 71,400 228,4