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

labor$-$hours:

ist quarter $2nd$ quarter $3rd$ quarter $4th$ quarter

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

overhead rate is $$2\mathrm{.}25$ per direct labor$-$hour and its total flxed manufacturing overhead is $$50,000$ per quarter. The only noncash item

included in fixed manufacturing overhead is depreclation, 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 varlable 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.

Note: Round "Variable manufacturing overhead rate" answers to $2$ decimal places.