Exercise 8-5 Manufacturing Overhead Budget [LO8-6) The direct labor budget of Yuwell Corporation for the upcoming fiscal year contains the following details concerning labor-hours st0uartetaaouarterrardOuarterath/Quarter Budgeted direct labor-hours 10,000 9,200 9,500 10,300 uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing direct labor-hour and its total fixed manufacturing overhead is $68,000 per quarter. The only noncash item included irtfixed manufacturing overhead is depreciation, which is $17,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year mpute 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 1Required 2 upcoming fiscal year, (Round "Variable Petepare the company's manutcturing overhead budget for the upcoming fiscal year (Round Variable manufacturing overhead rate" answers to 2 decimal places.) PrevScore