Homework #7 Saw 8 0.63 The direct lobor budget of www Corporation for the upcoming Focal year contains the following details concerning budgeted drect obor hours ist auctor rd artera arter Bangeted direct labore The company uses direct labor hours as itt overheadacation base The variable portion of a predetermined manufacturing overhead rate is $5.00 per direct labor hour and its totalt and manufacturing evethedis 572.000 per center. The only onceshem included in bed manufacturing overhead is deprecation, which is $18.000 per quartet Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year 2. Compute the company's predetermined overhead rote including both variable and feed manufacturing overhead for the upcoming fiscal year och Peres Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the company's manufacturing overhead budget for the coming fiscal year (Round Variatie marting water to 2 od places) Yurwal Corporation Maracturing ved det 1st Quarter End Ora and Out em Variable manucuring overhode Variable manufacturing overhead Fixed manchuring ved Total manufacturing overhead Cash disbursements for manufacturing ovat ME ances Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places.) Predetermined overhead rate for the year