The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 3,800 kayaks during 2022. Each kayak will require 56 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.00 per pound, and the finishing kits cost $170 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 Il workers who attach the hatches and seat and other hardware. The type I employees are paid $16 per hour, and the type II are paid $13 per hour. Manufacturing overhead is budgeted at $378,800 for 2022, broken down as follows. Variable costs Indirect materials $38,000 Manufacturing supplies 57,000 Maintenance and utilities 76,000 171,000 Fixed costs Supervision 84,000 Insurance 14.800 Depreciation 109,000 207,800 Total $378,800 During the first quarter, ended March 31, 2022, 1,000 units were actually produced with the following costs. Polyethylene powder $57,780 Finishing kits 170,270 Type I labor 32,000 Type Il labor 40,170 Indirect materials 10,000 Manufacturing supplies 15,029 Maintenance and utilities 22,990 Supervision 18,400 Insurance 3,700 Depreciation 27,250 Total $397,589 b). Prepare the flexible budget for manufacturing for the quarter ended March 31, 2022. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before fixed costs.) CURRENT DESIGNS Rotomolded Line Manufacturing Flexible Budget Report Units to be Produced 850 950 1,000 $ $ $ V $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score, 109% score reduction after attempt 2 (c). 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 1,000 units were produced. (List variable costs before fixed costs.) CURRENT DESIGNS Rotomolded Line Manufacturing Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ > > > >