Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6] The Production Department of Hiuska Corporation has submitted the following forecast of units to be produced by quanter for the upcoming fiscal year: Each unit requires 0.20 direct labor-hours and direct laborers are paid $1200 per hour In addition, the variable manufacturing overhead rate is $1.50 per direct labor hour The fixed manufacturing overhend is 580.000 per quartec. The only noncasts element of manufacturing overhead is depreciation, which is $20,000 per quarter. Required: 1 Calculate the company s total estimated direct labor cost for each quartet of the upcoming fiscal year and for the year as a whole 2 and 3 Colculate the company's total estimated manufacturing overhead cost and the cash disbursements for manutacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering vour answers in the tabs below. Or manulacturing overhead is depreciation, which is $20,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 2. and 3. Caiculate the company's total estimated manufacturing overhead cost and the cash cisbursements for manufacturing pverhead for each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Calculate the company's total estimoted direct labor cost for each quarter of the the upcoming fiscal year and for the year os a Whole, (Round "Diroct labor time por unst (hours)" answers to 2 docimal ploces.) quarter. The only noncash element of manufacturing overhead is depreciation, which is $20,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year 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 each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Calculate the company's total estimated manufacturing overhead cast and the cash disbursements for manufocturing overhead for each quarter of the the upcoming fiscal yeor and for the year as a whole