The Cleary Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 45,000 units. Information about the various manufacturing overhead costs follows: H(Click the icon to view the manufacturing overhead cost information.) Requirement Prepare the manufacturing overhead budget for the Cleary Company for the upooming year. Prepare the manufacturing overhead budget by first calculating the total variable manufacturing overhead, then calculate the total fixed manufacturing overhead and total manufacturing overhead. The Cleary Company Manufacturing Overhead Budget For the Upcoming Year Data Tabie Projected Sales (Units) Variable manufacturing overhead costs: Variable rate per unit Total fixed costs Indirect materials $1.00 Indirect materials Supplies $1.10 Supplies Indirect labor $0.60 $65,000 Indirect labor Plant ubilities $0.20 $37,000 Plant utilities Repairs and maintenance $0.40 $15,000 Depreciation on plant and equipment Repairs and maintenance $41,000 Total variable manufacturing overhead Fixed manufacturing overhead costs: Insurance on plant and equipment Plant supervision $28,000 Indirect labor $61,000 Plant utilities Repairs and maintenance Print Done Depreciation on plant and equipment Insurance on plant and equipment Plant supervision Total fixed manufacturing overhead Total manufacturing overhead