Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6] The Prockuction Depaitment of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Each unit requires 0.30 direct labor-hours and direct taborers are paid $12.50 per hour. In addition, the vatiable manufacturing ovemead rate is $1,50 per direct labor-hour. The fixed manufacturing overhead is $94,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $34,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal yeat and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for eachiquarter of the upcoming fiscal year and for the year as a whole