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please show work if possible, thank you! The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted
please show work if possible, thank you!
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor hours 13 1st Quarter untered Quarter 4th Quarter Budgeted direct labor hours 3,000 8.200 3,500 7.500 The company uses direct labor hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $325 per direct labor hour and its total foed manufacturing overhead is $48,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation which is $16.000 per quarter. 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 fixed manufacturing overhead) for the upcoming fiscal year Complete this question by entering your answers in the tabs below. Required Required 2 Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round Variable manufacturing overhead rato answers to 2 decimal place) Yuwolt Corporation Manufacturing Overhead Budget 1st Quartet 2nd Quartet Jed Quarter 4th Quartet Year Variable manufacturing overhead rate Variable manufacturing overhead Tixed manufacturing and Total manufacturing overhead Canh daburamento for harufucturing overload Required 2 > Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overheady for the upcoming fiscal year Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Step by Step Solution
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