The direct labor budget of Yuwwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: overhead rate is $2.25 per direct lab as its overhead allocation base. The variable portion of its predetermined manufacturing Included in fixed manufacturing overhead is depreciation. fhich is $12,500 overhead is $50,000 per quartec. The only noncash item Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) foc 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 fiseal year, (Round 'Variable manufacturing overhead rate' answers to ? ploces.)