Pearson Company is an expert in manufacturing office equipment. In order to allocate production overheads, the company's management choses the unit-of-production to be the number of direct labour hour. The expected unit variable production overheads for this year is $3 per hour. Fixed production overheads is forecasted at $40,000 per quarter. This amount comprises $10,000 of non-cash overheads (depreciation expenses). The expected amount of direct labour hours is at following: 1* Quarter 2nd Quarter 3rd Quarter 4th Quarter 19,000 hours 21,000 hours 23,000 hours 22,000 hours Prepare the overheads cost budget for the year with the detailed information from each quarter