Question 3 of 3 > -/12 E View Policies Current Attempt in Progress The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4 480 kayaks during 2020. Each kayak will require 50 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.20 per pound, and the finishing kits cost $190 each. Each kayak will use two kinds of labor - 2 hours of type labor from people who run the oven and trim the plastic, and 3 hours of work from type ll workers who attach the hatches and seat and other hardware. The type I employees are paid $20 per hour, and the type Il are paid $17 per hour. Manufacturing overhead is budgeted at $454,840 for 2020, broken down as follows. Variable costs Indirect materials Manufacturing supplies Maintenance and utilities $53.760 67.200 116,480 237.440 Fixed costs Supervision Insurance Depreciation 92.000 15,600 109.800 Question 3 of 3