4 and 5

e production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming cal year: ach unit requires 0.35 direct labor-hours, and direct laborers are paid $15.00 per hour. equired: sing Schedule 4 as your guide, prepare the company's direct labor budget for the upcoming fiscal year. XERCISE 8-5 Manufacturing Overhead Budget LO8-6 direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct bor-hours: he company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead ate is $3.25 per direct labor-hour and its total fixed manufacturing overhead is $48,000 per quarter. The only noncash item included in xed manufacturing overhead is depreciation, which is $16,000 per quarter. Required: Using 4 Schedule 5 as your guide, 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. Round off to the nearest whole cent