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The direct labour budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labour-hours: The company's variable manufacturing overhead

image text in transcribedimage text in transcribed The direct labour budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labour-hours: The company's variable manufacturing overhead rate is $5.25 per direct labour-hour and the company's fixed manufacturing overhead is $74,000 per quarter. The only non-cash item included in fixed manufacturing overhead is depreciation, which is $18,500 per quarter. Required: 1. Complete the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year

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