5 The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1.66 points eBook B Hint Print References Mc Graw Hill Education Budgeted direct labor-hours 1st Quarter 2nd Quarter 11,800. 10,100 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.75 per direct labor-hour and its total fixed manufacturing overhead is $86,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which $21,500 per quarter. Required 1 Required 2 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. 3rd Quarter 10,400 Budgeted direct labor-hours. Variable manufacturing overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Cash disbursements for manufacturing overhead 4th Quarter 11, 200 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. Yuvwell Corporation Manufacturing Overhead Budget < Prev 5 of 9 = Next >