Joshua Hill, Bates & Hill Fabricators' production manager, has just completed the company's production budget and direct labor budget for the first quarter. January February March Quarter Budgeted unit sales 25,000 28,000 32,000 85,000 + Budgeted ending inventory 5,600 6,400 6,800 6,800 Total units required 30,600 34,400 38,800 91,800 - Beginning inventory 3.200 5,600 6,400 3,200 Budgeted production 27,400 28,800 32.400 88,600 January February March Quarter Budgeted production 27,400 28.800 32,400 88,600 Standard DLH per unit 0.20 0.20 0.20 0.20 Total DLH required 5.480 5.760 6,480 17,720 per unit 0.20 0.20 0.20 0.20 Total DLH required 5,480 5,760 6,480 17,720 Standard wage rate $18 $18 $18 $18 Budgeted DL cost $98.640 $103,680 $116,640 $318,960 He has identified the following monthly expenses that will be needed to support the company's manufacturing process. Variable Overhead Fixed Overhead per month per DLH Depreciation $30,000 Indirect materials 18,600 $1.2 Indirect labor 22.000 $0.2 Utilities 18,000 $0.15 Property taxes 4,300 Maintenance 6,000 $0.2 The company applies manufacturing overhead based on direct labor hours, and the current predetermined rates are $12.25 per direct labor hour for fixed manufacturing overhead and $1.75 per direct labor hour for variable manufacturing overhead. Prepare Bates & Hill's manufacturing overhead budget for the first quarter. (Round per unit answers to 2 decimal places, eg. 52.75 and all other answers to O decimal places, eg. 5,275.) January February March Budgeted VOH Budgeted SOH $ $ Depreciation DLH worked Budgeted FOH VOH per DLH Budgeted VOH