Savage Ltd. expects variable manufacturing overhead costs to be $21,800 in the first quarter of 2020, with $4,200 increments in each of the remaining three quarters. It estimates fixed overhead costs to be $34,700 in each quarter. Prepare the manufacturing overhead budget by quarters for the year. SAVAGE LTD. Manufacturing Overhead Budget For the Year Ending December 31, 2020 Quarter 1 2 3 Variable costs Fixed costs $ Total Savage Ltd. expects variable manufacturing overhead costs to be $21,800 in the first quarter of 2020, with $4,200 increments in each of the remaining three quarters. It estimates fixed overhead costs to be $34,700 in each quarter. Prepare the manufacturing overhead budget by quarters for the year. SAVAGE LTD. Manufacturing Overhead Budget For the Year Ending December 31, 2020 Quarter 2 3 4 Year $ $ $ $ $ $