The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4,640 kayaks during 2020. 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 $1.20 per pound, and the finishing kits cost $210 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 l employees are paid $17 per hour, and the type Il are paid $14 per hour. Manufacturing overhead is budgeted at $414,840 for 2020, broken down as follows. Variable costs Indirect materials Manufacturing supplies Maintenance and utilities $46,400 64,960 102.080 213,440 78,000 Fixed costs Supervision Insurance Depreciation 13,200 110.200 201.400 $414,840 Total During the first quarter, ended March 31, 2020, 1.210 units were actually produced with the following costs. Polyethylene powder Finishing kits Type I labor Type Il labor Indirect materials $82,912 254,360 41,140 52.120 12.100 and 1,210 units. (ust variable costs before fixed costs. Round answers to decimal places, ey. 1215.) CURRENT DESIGNS Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 1,060 1,160 Units to be Produced 1,210 Variable Costs Polyethylene Powder KIKO $ $ $ Finishing Kits Labor - Typel V Labor - Type II v Indirect Materials Manufacturing Supplies Maintenance and Utilities Total Variable Costs $ $ Fixed Costs Supervision Insurance