The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 15t Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 8,289 8.396 8,606 8,008 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $2.25 per direct labor-hour and its total flxed manufacturing overhead is $50,000 per quarter. The only noncash item included in fixed manufacturing overhead ls depreciation, which Is $12,500 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming scal year. 2. Compute the company's predetermined overhead rate (including both variable and xed manufacturing overhead) for the upcoming fiscal year. Complete this question by entering your answers In the tabs below. Required 1 Required 2 Prepare the company's manufacturing overhead budget for the upcoming scal year. (Round "Variable manufacturing overhead late" answers to 2 decimal places.) Variable manufacturing overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Cash disbursements for manufacturing overhead Required 2 >