Walid Company is preparing its manufacturing overhead budget for 2012. They’ve have the following data:

Units to be produced (by quarters): 10,000, 12,000, 14,000, 16,000.

Direct labor: Time is 1 hour per unit.

Variable overhead costs per direct labor hour: Indirect materials $0.90; indirect labor $1.20; and maintenance $0.50.

Fixed overhead costs per quarter: Supervisory salaries $40,000; depreciation $16,000; and maintenance $12,000.

Requirement 

Prepare the manufacturing overhead budget for the year, showing quarterly data.