Try It! 6.3 Jimenez Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Machine setup-hours is the only driver of manufacturing overhead costs. Jimenez has a setup capacity of 1,100 hours. Knox Ayer 1. Quantity of lamps to be produced 20.000 lamps 10.000 lamps 2. Number of lamps to be produced 100 80 per batch lamps/batch lamps/batch 3. Setup time per batch 3 hours/batch hours/batch Variable cost = $60 per setup-hour Fixed cost = $77,000 Calculate the manufacturing overhead costs budget (label it Schedule 5)