he direct labor budget of Krispin Corporation for the upcoming fiscal year contains the following details concerning budgeted direct abor hours. The company's variable manufacturing overhead rate is $1.75 per direct labor hour and the company's fixed manufacturing overhead is $35,000 per quarter. The only noncash item included in the fixed manufacturing overhead is depreciation, which is $15,000 per quarter. Required: 1) Construct the company's manufacturing overhead budget for the upcoming fiscal year