The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4,280 kayaks during 2022. Each kayak will require 60 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 labor2 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 $404,080 for 2022, broken down as follows. Variable costs Indirect materials $42,800 Manufacturing supplies 64,200 Maintenance and utilities 89,880 196,880 Fixed costs Supervision 84,000 Insurance 14,000 Depreciation 109,200 207,200 Total $404,080 During the first quarter, ended March 31, 2022, 1,120 units were actually produced with the following costs. Polyethylene powder $82,370 Finishing kits 280,370 Type I labor 40,320 Type II labor 51,690 Indirect materials 11,200 Manufacturing supplies 16,833 Maintenance and utilities 26,440 Supervision 18,000 Insurance 3,500 Depreciation 27,300 Total $558,023

The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4,280 kayaks during 2022. Each kayak will require 60 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 $404,080 for 2022 , broken down as follows. During the first quarter, ended March 31, 2022, 1,120 units were actually produced with the following costs. During the first quarter, ended March 31, 2022, 1,120 units were actually produced with the following costs. Prepare the annual manufacturing budget for 2022, assuming that 4,280 kayaks will be produced. (List variable costs before fixed costs.) Chapter 10 Homework Question 12 of 12 15 Prepare the flexible budget for manufacturing for the quarter ended March 31, 2022. Assume activity levels of 970,1,070, and 1,120 units. (List variable costs before fixed costs.) Chapter 10 Homework Question 12 of 12 15 Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2022, when 1,120 units were produced. (List variable costs before fixed costs.) Question 12 of 12 15