The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following detalls concerning budgeted direct

labor$-$hours:

The company uses direct labor$-$hours as its overhead allocation base. The varlable portion of Its predetermined manufacturing

overhead rate is $$5\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$76,000$ per quarter. The only noncash Item

Included in fixed manufacturing overhead is depreclation, which is $$19,000$ per quarter.

Required:

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

Compute the company's predetermined overhead rate $($Including both varlable and fixed 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 fiscal year. $($Round "Variable manufacturing overhead rate"

answers to $2$ decimal places.$)$