The Cleary Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 44,000 units. Information about the various manufacturing overhead costs follows: E: (Click the icon to view the manufacturing overhead cost information.) Requirement Prepare the manufacturing overhead budget for the Cleary Company for the upcoming year. Prepare the manufacturing overhead budget by first calculating the total variable manufacturing overhead, and then calculate the total fixed manufacturing overhead and total manufacturing overhead. The Cleary Company x Manufacturing Overhead Budget For the upcoming Year Manufacturing overhead cost Projected Sales Variable manufacturing overhead costs: Indirect materials Total fixed costs Variable rate per unit $1.10 Indirect materials. $0.95 Supplies Indirect labour Supplies Indirect labour $0.60 $62,000 $38,000 Plant utilities Plant utilities.... $0.20 $0.45 $13,500 Repairs and maintenance Total variable manufacturing overhead Fixed nufacturing overhead costs: $50,000 Repairs and maintenance Depreciation on plant and equipment.. Insurance on plant and equipment .. Plant supervision $28,000 Indirect labour $73,000 Plant utilities Repairs and maintenance Depreciation on plant and equipment Insurance on plant and equipment Plant supervision Print Done Total fixed manufacturing overhead Total manufacturing overhead