Firelight Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Machine setup-hours is the only driver of manufacturing overhead costs. Firelight has a set up capacity of 1,148 hours. (Click the icon to view the information.) Calculate the manufacturing overhead costs budget (label it Schedule 5). i Data Table Schedule 5: Manufacturing Overhead Costs Budget for the Year Ending December 31, 2017 Machine Setup Overhead Costs Knox Ayer 13,000 lamps 23,000 lamps 1. Quantity of lamps to be producod 2. Number of lamps to be produced per batch 125 lamps/batch 2 hours/batch 50 lamps/batch 3 hours/batch Total manufacturing overhead costs 3. Setup time per batch Variablo cost = $40 per setup hour Fixed cost = $70,000 Print Done