L ch8-20 Saved Help Save & E Chec The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours points Budgeted direct labor-hours 1st Quarter 11,600 2nd Quarter 10,000 3rd Quarter 10,300 4th Quarter 11.100 ebook The company uses direct labor hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.50 per direct labor hour and its total fixed manufacturing overhead is $84,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $21,000 per quarter 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 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Variable manufacturing overhead cate to decimal places 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.) Yuvwell Corporation Manufacturing Overhead Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Variable manufacturing overhead rate Variable manufacturing overhead Fbxed manufacturing overhead Total manufacturing overhead Cash disbursements for manufacturing overhead Required 2 > 1. Prepare the company 5 mahudly uvelicuu uuuyla 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) TUF U fiscal year. 10 points Complete this quesion by entering your answers in the tabs below. cBook Required 1 Required 2 Hint 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.) References Predetermined overhead rate for the year (Required 1 Type here to search