Joshua Hill, Oriole & 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 22,000 28,000 32,000 82,000 +Budgeted ending inventory 8,400 9,600 10,800 10,800 Total units required 30,400 37,600 42,800 92,800 -Beginning inventory 2,600 8,400 9,600 2,600 Budgeted production 27,800 29,200 33,200 90,200 January February March Quarter Budgeted production 27.800 29,200 33,200 90,200 Standard DLH per unit 0.30 0.30 0.30 0.30 Total DLH required 8,340 8,760 9.960 27,060 Standard wage rate $17 $17 $17 $17 Budgeted DL cost $141,780 $148,920 $169,320 $460,020 He has identified the following monthly expenses that will be needed to support the company's manufacturing process. Fixed Overhead Variable Overhead per month per DLH Depreciation $33,000 Indirect materials 18,500 $1.20 Indirect labor 26,000 $0.20 Utilities 19,000 $0.15 Property taxes 4,300 Maintenance 4,000 $0.201 The company applies manufacturing overhead based on direct labor hours, and the current predetermined rates are $13.00 per direct labor hour for fixed manufacturing overhead and $1.75 per direct labor hour for variable manufacturing overhead. Prepare Oriole & 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)