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The Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit pies to be produced by quarter for the upcoming fiscal year. First Second Third Fourth Quarter Quarter Quarter Quarter 8,200 11,200 9,200 13,200 Units to be produced Each unit requires 0.50 direct labour-hours, and direct labour-hour workers are paid $9.50 per hour. In addition, the variable manufacturing overhead rate is $2.00 per direct labour-hour. The fixed manufacturing overhead is $23,500 per quarter. The only non-cash element of manufacturing overhead is depreciation, which is $7,100 per quarter. Required: 1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecast number of units produced. Culbert Dessert Corporation Direct Labour Budget First Second Quarter Quarter Quarter Fourth Quarter Year Units to be produced Direct labour time per unit (hours) Total direct labour-hours needed Direct labour cost per hour Total direct labour cost Culbert Dessert Corporation Direct Labour Budget First Second Third Quarter Quarter Quarter Fourth Quarter Year Units to be produced Direct labour time per unit (hours) Total direct labour-hours needed Direct labour cost per hour Total direct labour cost 2. Prepare the company's manufacturing overhead budget. As per Schedule 5, your manufacturing overhead budget should also include the budgeted cash disbursements for overhead. Culbert Dessert Corporation Manufacturing Overhead Budget First Second Quarter Quarter Third Quarter Fourth Quarter Year Budgeted direct labour-hours Variable overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Cash disbursements for manufacturing overhead

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