Tab 5 The direct labor budget of Krispin Corporation for the upcoming fiscal year includes the following budgeted direct-labor hours. 2nd Q 4,800 4th Q 1st Q 5,000 Budgeted direct-labor hours 3rd Q 5,200 5,400 The company's variable manufacturing overhead rate is $1.75 per DLH and the company's fixed MOH is $35,000 per quarter. The only noncash item included in Fixed MOH is depreciation, which is $15,000 per quarter. 1. Construct the company's MOH budget for the upcoming fiscal year. 2. Compute the company's MOH RATE (including both fixed and variable MOH) for the upcoming fiscal year (round to the nearest cent). 1st Q 2nd Q 3rd Q 4th Q Total Budgeted DL Hours Variable MOH rate Variable MOH Fixed MOH Total MOH Less depr Cash disp for MOH Part 2: Predetermined OH Rate (from t-account chapter!) :) :) Estimated OH/Estimated driver per DL Hour