Problem 9-16 Direct Labour and Manufacturing Overhead Budgets (L02] The Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit pies to be produced by quarter for the upcoming fiscal year. points First Second third Fourth Quarter Quarter Quarter Quarter 8,900 11,900 9,900 13,900 Units to be produced Skipped Each unit requires 0.40 direct labour-hours, and direct labour-hour workers are paid $11.00 per hour. In addition, the variable manufacturing overhead rate is $1.50 per direct labour-hour. The fixed manufacturing overhead is $25,250 per quarter. The only non-cash element of manufacturing overhead is depreciation, which is $7,450 per quarter. eBook References Required: 1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecast number of units produced. Culbert Dessert Corporation Direct Labour Budget Second Second First Third Quarter Quarter Quarter Fourth Year Quarter Units to be produced Direct labour time per unit (hours) Total direct labour-hours needed Direct labour cost per hour Total direct labour cost eBook 2. Prepare the company's manufacturing overhead budget. As per Schedule 5, your manufacturing overhead budget should also include the budgeted cash disbursements for overhead. References Culbert Dessert Corporation Manufacturing Overhead Budget First Second Quarter Quarter hird Fourth Third Quarter Year Quarter Budgeted direct labour-hours Variable overhead rate $ 0 $ 0 $ 0 $ 0 $ Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead 1 0 0 0 0 Cash disbursements for manufacturing overhead $ 0 $ 0 $ 0 $ 0 $ 0