Joshua Hill, Sunland & Hill Fabricators' production manager, has just completed the company's production budget and direct labor budget for the first quarter. January February March Quarter 83,000 21.000 30,000 32.000 Budgeted unit sales + Budgeted ending inventory + + 9.000 9,600 10,800 10.800 Total units required 30.000 39.600 42,800 93,800 2.400 9,000 9,600 2,400 - Beginning inventory Budgeted production 27.600 30,600 33,200 91,400 January February March Quarter Budgeted production 27,600 30.600 33 200 91,400 Standard DLH per unit 0.30 0.30 0.30 0.30 Total DLH required 8,280 9.180 9.960 27,420 Standard wage rate $18 $18 $18 $18 Budgeted DL cost $149,040 $165.240 $179.280 $493,560 He has identified the following monthly expenses that will be needed to support the company's manufacturing process. Fixed Overhead per month Variable Overhead per DLH Depreciation $35.000 $ Indirect materials 18,600 $120 Indirect labor 30,000 $0.20 Utilities 19.000 $0.15 Property taxes 4.300 Maintenance 6.000 $0.20 The company applies manufacturing overhead based on direct labor hours, and the current predetermined rates are $13.50 per direct labor hour for fixed manufacturing overhead and $1.75 per direct labor hour for variable manufacturing overhead. Prepare Sunland & 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 decimal places, e.g. 5,275.) January February March Quart $ $ $ $ $ $ $ $