The companys variable manufacturing overhead rate is $2.50 per direct labor-hour and the companys fixed manufacturing overhead is $52,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $13,000 per quarter. Required: 1. Complete the companys manufacturing overhead budget for the upcoming fiscal year.

Value 9.09 points Exercise 7-5 Manufacturing Overhead Budget LO7-6] The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 8,400 8,400 8,700 8,100 The company's variable manufacturing overhead rate is $2.50 per direct labor-hour and the company's fixed manufacturing overhead is $52,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $13,000 per quarter. Required 1. Complete the company's manufacturing overhead budget for the upcoming fiscal year. Yuvwell Corporation Manufacturing Overhead Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Less depreciation Cash disbursements for manufacturing overhead