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 $4th$ Quart

Budgeted direct labor$-$hours $11,800,10,100,10,400,11,200$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$6\mathrm{.}75$ per direct labor$-$hour and its total fixed manufacturing overhead is $$86,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $$21,500$ 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.

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

$5$ of $9$