The direct labor budget of Yuwwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours Budgeted direct labor-hours The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $7.00 per direct labor-hour and its total fixed manufacturing overhead is $88.000 per quarter. The only noncash tem included in fixed manufacturing overhead is depreciation, which is $22,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's predetermined overhead rate pncluding both variable 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) Variable manufacturing evehead rate Variable manufacturing overhead Fleed manufacturing overhead Total manufacturing overhead Cash debursements for manufacturing overhead Ser Quarte Yowell C Mandacturing Overtwald Budget 2nd Quarter 3rd Quarter 4th Quart Your Required>