The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: The company's variable manufacturing overhead rate is $4.00 per direct labor-hour and the company's fixed manufacturing overhead is $64,000 per Quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is S16.000 per quarter. Complete the company s manufacturing overhead budget for the upcoming fiscal year. Compute the company's manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year