K Yandell Company expects to produce 2,020 units in January that will require 6,060 hours of direct labor and 2,270 units in February that will require 6,810 hours of direct labor. Yandell Company budgets $12 per unit for variable manufacturing overhead; $1,600 per month for depreciation; and $62,750 per month for other fixed manufacturing overhead costs. Prepare Yandell Company's manufacturing overhead budget for January and February, including the predetermined overhead allocation rate using direct labor hours as the allocation base. (Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) VOH cost per unit Budgeted VOH Budgeted FOH Depreciation $ 12 $ 12 $ 12 $ 24,240 $ 27,240 $ 51,480 1,600 1,600 3,200 62,750 62,750 125,500 Other FOH costs 64,350 64,350 128,700 Total budgeted FOH $ 88,590 $ 91,590 $ 180, 80 Budgeted manufacturing overhead costs Direct labor hours Budgeted manufacturing overhead costs Predetermined overhead allocation rate 6,060 6,810 12,870 $ 180,180