The Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit ples to be produced by quarter for the upcoming fiscal year. Units to be produced First Quarter 8,800 Second Quarter 11,800 Third Fourth Quarter Quarter 9,800 13,800 Each unit requires 0.30 direct labour-hours, and direct labour-hour workers are paid $9.00 per hour. In addition, the variable manufacturing overhead rate is $2.00 per direct labour-hour. The fixed manufacturing overhead is $25,000 per quarter. The only non-cash element of manufacturing overhead is depreciation, which is $7,400 per quarter 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. Culbert Dessert Corporation Manufacturing Overhead Budget First Second Quarter Quarter Third Quarter Fourth Quarter Year $ 0 $ 05 05 $ D Budgeted direct labour-hours Variable overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead 0 0 0 $ 0 0$ 0 S 0 0$ Cash disbursements for manufacturing overhead