Ex 8-5 6 Help Save & Exit Submit Check my work The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct 10 points Quartor 2nd Quarter 3rd Quarter 4th Quarter 11,200 Bodgeted direct Labor-hours 9,800 10,100 10,900 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhcad rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. The anly noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. eBock 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 fscal year Prin Complete this question by entering your answers in the tabs below. Referenees Required 1Required 2 Compute the company's predetermined overhead rate (induding both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places.) overhead rate for the Required 1 Help Save & Exit Submit Check my work for the upcoming fiscal year contains the following details concerning budgeted direct The direct labor budget of Yuvwell labor-hours: 10 points 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,800 Badgeted direct labor-hours 11.200 10,100 10,900 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 itenm included in fixed manufacturing overhead is depreclation, which is $20,000 per quarter eBook 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 Required 2 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Variable manufacturing overhead rate" answers to 2 decimal places.) Overhead Budget 2nd Quarter 1st Quarter 3rd Quarter 4th Quarter Year Variable manufacturing averhead rate Total overhead