P9-4 Preparing an overhead budget and an other expenses budget Crable and Tesch, the systems consultants in P9-3, budgeted over- head and other expenses as follows for the year ended December 31, 2016: d, and Quality Costs Overhead: Depreciation equipment. Depreciation-building. Fringe benefits Photocopying Administrative support. Telephone/fax.. Utilities .. Other direct expenses: Travel .. Meals ... $ 60,000 135,000 385,000 95,000 465,000 115,000 193,000 $123,000 37,000 Required: 1. Prepare an Overhead budget. 2. Prepare an Other Expenses budget