The production department of Ashdowns's Furniture has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. Quarter 1 Quarter 2 Quarter 3 Quarter 4 16,000 15,000 14,000 15,000 Units to be produced Each unit requires 0.40 direct labour-hours and direct labour-hour workers are paid $11.50 per hour In addition, the variable manufacturing overhead rate is $1.25 per direct labour- hour. The fixed manufacturing overhead is $180,000 for the year. The only noncash element of manufacturing overhead is depreciation, which is $17,000 per quarter. Each unit requires 0.40 direct labour-hours and direct labour-hour workers are paid $11.50 per hour. In addition, the variable manufacturing overhead rate is $1.25 per direct labour- hour. The fixed manufacturing overhead is $180,000 for the year. The only noncash element of manufacturing overhead is depreciation, which is $17,000 per quarter. REQUIRED: a. Prepare a direct labour budget for the upcoming fiscal year by quarter. (8 marks) b. Prepare a manufacturing overhead budget for the upcoming fiscal year by quarter. (12 marks)