The Mcknight Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 41,000 units. Information about the various manufacturing overhead costs follows: (Click the icon to view the manufacturing overhead cont information) Requirement Prepure the manufacturing overhead budget for the McKnight Company for the upcoming year. Prepare the manufacturing overhead budget by first calculating the total variable manufacturing overhead, then calculate the total fixed manufacturing overhe vorhead and total manufacturing overhead. The McKnight Company Manufacturing Overhead Budget For the Upcoming Year Projected Sales (Units) Variable manufacturing overhead costs Indirect materiale Supplies Indirect labar Plant utilities Repairs and maintenanon Total variable manufacturing overhead Total fixed costs $ Variable rate per unit 0.90 $ 0.70 $ 0.40 $ Indirect materials Supplies Indirect labor Plant utilities Repairs and maintenance Depreciation on plant and equipment Insurance on plant and equipment Plant supervision 0.10 $ $ 0.30 $ 65,000 36,000 14,000 45,000 29,000 60,000 $