The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor$-$hours:

$\backslash$table$[[,1$st Quarter,$2$nd Quarter $3$ rd Quarter $4$ th Quarter,,$],[$Budgeted direct labor$-$hours,$8,200,8,300,8,600,8,000]]$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$2\mathrm{.}25$ per direct labor$-$hour and its total fixed manufacturing overhead is $$50,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $$12,500$ per quarter.

Required:

Prepare the company's manufacturing overhead budget for the upcoming fiscal year.

Compute the company's predetermined overhead rate $($including both variable and fixed manufacturing overhead$)$ for the upcoming fiscal year.

Complete this question by entering your answers in the tabs below.

Prepare the company's manufacturing overhead budget for the upcoming fiscal year. $($Round "Variable manufacturing overhead rate" answers to $2$ decimal places.$)$

$\backslash$table$[[$Yuvwell Corporation,$],[,$Manufacturing Overhead Budget,,$4$th Quarter,,$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,Year,$],[$Variable manufacturing overhead rate,,,,,$],[$Variable manufacturing overhead,,,,,$],[$Fixed manufacturing overhead,,,,,$],[$Total manufacturing overhead,,,,,$],[,,,,,],[$Cash disbursements for manufacturing overhead,,,,,$]]$