24. The direct labour budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labour-hours: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labour-hours 9,800 9,100 9,400 10,200

The companys variable manufacturing overhead rate is $4.25 per direct labour-hour and the companys fixed manufacturing overhead is $66,000 per quarter. The only non-cash item included in fixed manufacturing overhead is depreciation, which is $16,500 per quarter.

Required: 1. Complete the companys manufacturing overhead budget for the upcoming fiscal year.

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