Chapter 8 - Homework 5 2 points eBook Hint Print References Exercise 8-5 (Algo) Manufacturing Overhead Budget [LO8-6] Saved Yuvwell Corporation's direct labor budget for next year contained the following information: 1st Quarter 11, 200 2nd Quarter 3rd Quarter 4th Quarter 9,800 10,100 10,900 Budgeted direct labor-hours Complete this question by entering your answers in the tabs below. Required 1 Required 2 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation of $20,000 per quarter. Help Required: 1. Prepare the company's manufacturing overhead budget for next year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for next year. Prepare the company's manufacturing overhead budget for next year. Note: Round "Variable manufacturing overhead rate" answers to 2 decimal places. Save & Exit Submit Yunovell Corporation Check my work 5

Exercise 8.5 (Algo) Manufacturing Overheod Budget [LO8-6] Yuwwell Corporation's direct labor budget for next year contained the following information: The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total foud manufacturing overthead is $80.000 per quarter. The only noncas item. included in fixed manufacturing overheed is depreciation of $20,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for next year 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for next year Complete this question by entering your answers in the tabs below. Prepare the company's manufacturing overhead budget for next year: Note: Round "Variable manufacturing overhead rate" answers to 2 decimal places