Waterway Company is preparing its manufacturing overhead budget for 2022. Relevant data are as follows: 1. Units to be produced (by quarters): 10,400,12,000,15,700,18,000 2. Direct labour: 1.6 hours per unit 3. Variable overhead costs per direct labour hour: indirect materials $0.70; indirect labour $1.20; and maintenance $0.50 4. Fixed overhead costs per quarter: supervisory salaries $34,600; depreciation $16,600; and maintenance $14,700 Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g 15.25.) WATERWAY COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter Total manufacturing overhead Units to produce Direct labour hours required Total variable costs Variable cost per unit Direct labour hours per unit Fixed costs