The direct labor budget of Krispin Corporation for the upcoming fiscal year includes the following budgeted direct labor-hours.

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Budgeted direct labor-hours	4,850	4,600	5,300	5,600

The companys variable manufacturing overhead rate is $2.00 per direct labor-hour and the companys fixed manufacturing overhead is $37,000 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. (Input all amounts as positive values. Omit the "$" sign in your response.)

Krispin 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	$	$	$	$	$

2.	Compute the company's manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Predetermined manufacturing overhead rate

$