Wilson Inc. has determined that the Variable Overhead Rate per Direct labour hour is $1.75 and the fixed manufacturing overhead is $6,200 per quarter and depreciation is $1,500 Please prepare the Manufacturing Overhead Budget Q1 Manufacturing Overhead Budget 02 Q3 04 Budgeted direct labout hours $1.75 $1.75 $1.75 $1.75 Variable overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Less Depreciation Cash disbursement for manufacturing overhead Wilson Inc budgeted for fixed Sling and administrative expenses below. The variable selling and administratiewe based on buted units $11/ Mease prepare the Selling and Administrative Expense Budert Adwing Ece Solaris Q2. Insurance Simrance 04 Property Depreciation 5300 1950 100 2000 4300 KO Selling and ministrative pret 01 02 04 Hages Vrste adesexperte Total redarbeline admin 511 511 511 511 1 Duterte and selling admin Advert Executive Sales In Property taxes Depreciation Totaltete de admin Total budgeted Slingen expenses Deprecation Cash disbursements for selling & administratives The beginning cash balance has been provided and equipment purchases and dividends has been provided Mease prepare the cash budget Cash Bulgt For the Year End Tember 31, 2019 02 03 01 S42,500 04 Cashbalance, beplening Add Recipes Collection from customers Total Cash available before current financing Deduct disbursements Direct materials Direct labour Manufacturing overhead Sling and administrative Equipment purchases Dividends Total Dabuvements Excess deficiency of cash available overnments 60,000 500 SONO 500 10.000 500 20,000 500