Yuvwell Corporation's direct labor budget for next year contained the following information:

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing

overhead rate is $$6\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$84,000$ per quarter. The only noncash item

included in fixed manufacturing overhead is depreciation of $$21,000$ per quarter.

Required:

Prepare the company's manufacturing overhead budget for next year.

Compute the company's predetermined overhead rate $($including both variable and fixed manufacturing overhead$)$ for next year.

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Prepare the company's manufacturing overhead budget for next year.

Note: Round "Variable manufacturing overhead rate" answers to $2$ decimal places.