Exercise $8-5($Algo$)$ Manufacturing Overhead Budget $[$LO$8-6]$

Yurwell Corporation's direct labor budget for next year contained the following information:

$1st$ Quarter $2nd$ Quarter $3rd$ Quarter $44th$ Quarter

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$4\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$68,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation of $$17,000$ per quarter.

Required:

Prepare the company's manufacturing overhead budget for next year.

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.

$\backslash$table$[[$Yuvwell Corporation$],[$Manufacturing Overhead Budget$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$],[\text{'}.,,,,,],[$Variable manufacturing overhead rate$],[$Variable manufacturing overhead$],[$Fixed manufacturing overhead$],[$Total manufacturing overhead$],[,,,,,],[$Cash disbursements for manufacturing overhead,,,,,$]]$