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Yuvwell Corporation s direct labor budget for next year contained the following information: 1 st Quarter 2 nd Quarter 3 rd Quarter 4 th Quarter

Yuvwell Corporations direct labor budget for next year contained the following information:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Budgeted direct labor-hours 8,6008,5008,8008,200
The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $2.75 per direct labor-hour and its total fixed manufacturing overhead is $54,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation of $13,500 per quarter.
Required:
Prepare the companys manufacturing overhead budget for next year.
Compute the companys predetermined overhead rate (including both variable and fixed manufacturing overhead) for next year.

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