Siegworth Products produces industrial cleaning products Data concerning budgeted direct labor-hours for Siegworth for the next year follows 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 18,400 9,400 9,700 10, see 43:22 ook Siegworth uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.00 per direct labor-hour and its total fixed manufacturing overhead is $72,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $18.000 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 COS 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 rate" answers to 2 decimal places) Siegworth Products Manufacturing Overhead Budget