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

$1$st Quarter $2$nd Quarter $3$rd Quarter $4$th Quarter

Budgeted direct labor$-$hours $9,4008,9009,20010,000$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$3\mathrm{.}75$ per direct labor$-$hour and its total fixed manufacturing overhead is $$62,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $$15,500$ 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.