provided the following budgeted information for the coming year: (Click the icon to view the budgeted information.) (Click the icon to view additional information.) Read the annual budgeted manufacturing overhead rate. annual budgeted manufacturing overhead rate for the year. (Abbreviation used: OH= overhead, mat. = materials, and Var. = variable.) Requirements 1. Calculate the total manufacturing cost per unit for the second and third quarter assuming the company allocates manufacturing overhead costs based on the budgeted manufacturing overhead rate determined for each quarter. 2. Calculate the total manufacturing cost per unit for the second and third quarter assuming the company allocates manufacturing overhead costs based on an annual budgeted manufacturing overhead rate. 3. Space Manufacturing prices its surfboards at manufacturing cost plus 20%. Why might Soho Wholesale be seeing large fluctuations in the prices of boards? Which of the methods described in requirements 1 and 2 would you recommend Space use? Explain. Data table More info It takes 1 direct manufacturing labor-hour to make each board. The actual direct material cost is $8.00 per board. The actual direct manufacturing labor rate is $22 per hour. The budgeted variable manufacturing overhead rate is $15 per direct manufacturing labor-hour. Budgeted fixed manufacturing overhead costs are $16,500 each quarter