12.000 The direct labor budget of Yuwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours Ist Quarter and Quarter and Quarter 4th Quarter Budgeted direct labor-hours 10,200 10,500 11/300 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is 5700 per direct labor-hour and its total fixed manufacturing overhead is $88.000 per quarter The only noncash item Included in fixed manufacturing overhead is depreciation, which is $22,000 per quarter Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year Complete this question by entering your answers in the tabs below. Required 1 Requred 2 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Vanable manufacturing overhead rate answers to 2 decimal places.) Yuvwell Corporation Manufacturing Overhead Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Budgeted direct labor hours Variable manufacturing overhead rate Vanable manufacturing overhead Fored manufacturing overhead Total manufacturing overhead Less Depreciation Cash disbursements for manufacturing overhead Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places) Predetermined overhead rate for the year