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

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

Budgeted direct labour-hours 9,800 9,100 9,400 10,200

The company's variable manufacturing overhead rate is $4.25 per direct labour-hour and the company's fixed manufacturing overhead is $66,000 per quarter. The only non-cash item included in fixed manufacturing overhead is depreciation, which is $16,500 per quarter.

Required:

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

Manufacturing Overhead Budget

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

Variable manufacturing overhead .......... .............. ................... ............................

Fixed manufacturing overhead .......... .............. ................... ............................

Total manufacturing overhead .......... .............. ................... ............................

Less: depreciation .......... .............. ................... ............................

Cash disbursements for manufacturing overhead .......... .............. ................... ............................

2. Compute the company's manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

Total budgeted manufacturing overhead for the year ...................

Budgeted direct labour hours for the year .....................

Predetermined overhead rate for the year ...................