Peek 8 Hwa Ch8 Saved 5 The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor hours 1 2nd Quarter points ist Quarter 10,400 Budgeted direct lobor-hours 9.400 3rd Quarter 9,700 4th Orte 10,500 Spoed The company uses direct labor hours as its overhead allocation base. The vanable portion of its predetermined manufacturing overhead rate is $5.00 per direct labor hour and its total fuced manufacturing overhead is $72,000 per quarter. The only noncash item included in foxed manufacturing overhead is depreciation, which is $18.000 per quarter ebook 00 Him 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 Print Complete this question by entering your answers in the tabs below. o References Required Required 2 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round Variable manufacturing overheaters to dedim Yurwell Corporation Manufacturing Overhead Bludget 1st Quarter 2nd water Bed Quarter 4th Quarter Year Ve manucurig overrate Variate manualuring overhead Fored manufacturing overhead Tolmandating everhead Required