Question 5 - Current Designs 23 a-c (Multipart) The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of kayaks during 2022. Each kayak will require pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $ per pound, and the finishing kits cost $ each. Each kayak will use two kinds of labor- hours of type I labor from people who run the oven and trim the plastic, and hours of work from type II workers who attach the hatches and seat and other hardware. The type I employees are paid $per hour, and the type II are paid $per hour. Manufacturing overhead is budgeted at $ Variable costs Indirect materials Manufacturing supplies Maintenance and utilities D for 2022, broken down as follows. Fixed costs Supervision Total Insurance Depreciation During the first quarter, ended March 31, 2022. following costs. Polyethylene powder Finishing kits Type I labor Type II labor Indirect materials Manufacturing supplies Maintenance and utilities Supervision Insurance Depreciation Total units were actually produced with the (a) Prepare the annual manufacturing budget for 2022, assuming that will be produced. (List variable costs before fixed costs.) Rotomolded Line Manufacturing Budget kayaks (date) (b) Prepare the flexible budget for manufacturing for the quarter ended March 31, 2022. Assume activity levels of units. (List variable costs before fixed costs.) and Rotomolded Line Manufacturing Flexible Budget (date) Units to be Produced 7- (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2022, when units were produced. (List variable costs before fixed costs.) Units to be Produced (date). CURRENT DESIGNS Rotomolded Line Manufacturing Flexible Budget Report Budget Actual Difference Favorable/Unfavorable/ Neither Fav nor Unfav