$17$

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor$-$hours:

$5\mathrm{.}92$

points

$\backslash$table$[[$Budgeted direct labor$-$hours,$1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter$]]$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$4\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$68,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $$17,000$ per quarter.

Required:

Prepare the company's manufacturing overhead budget for the upcoming fiscal year.

Compute the company's predetermined overhead rate $($including both variable and fixed manufacturing overhead$)$ for the upcoming fiscal year.

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $1$

Req

Prepare the company's manufacturing overhead budget for the upcoming fiscal year. $($Round "Variable manufacturing overhead rate" answers to $2$ decimal places.$)$

$\backslash$table$[[$Yuvwell Corporation$],[$Manufacturing Overhead Budget$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$],[$Variable manufacturing overhead rate$],[$Variable manufacturing overhead$],[\{$

$\backslash$table$[[$Fixed manufacturing overhead$],[$Total manufacturingorhoard$]]\}],[,],[,,,,,]]$