The Crane staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4.200 kayaks during 2020. Each kayak will require 74 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.20 per pound, and the finishing kits cost $250 each. Each kayak will use two kinds of labor-2 hours of type I labor from people who run the oven and trim the plastic, and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type I employees are paid $18 per hour, and the type II are paid $15 per hour. Manufacturing overhead is budgeted at $419.200 for 2020, broken down as follows. Variable costs Indirect materials Manufacturing supplies Maintenance and utilities $46,200 63,000 109,200 218,400 Fixed costs Supervision Insurance Depreciation 76,000 13,600 111.200 200,800 $419,200 Total During the first quarter, ended March 31, 2020,1,100 units were actually produced with the following costs. Polyethylene powder Finishing kits Type I labor Type Il labor Indirect materials Manufacturing supplies Maintenance and utilities Supervision $99.490 275,310 39.600 50,650 12,100 16,548 31.000 16.900 Supervision Insurance Depreciation Total 16,900 3,400 27,800 $572,798 (a) Prepare the annual manufacturing budget for 2020, assuming that 4,200 kayaks will be produced. (List variable costs before fixed costs.) CRANE Rotomolded Line Manufacturing Budget For the Year Ended December 31, 2020 $ > > CRANE Rotomolded Line Manufacturing Budget For the Year Ended December 31, 2020 > $ >