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

$\backslash$table$[[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter$],[$Budgeted direct labor$-$hours,$12,000,10,200,10,500,11,300]]$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$7\mathrm{.}00$ per direct labor$-$hour and its total fixed manufacturing overhead is $$88,000$ per quarter. The only nonca included in fixed manufacturing overhead is depreciation of $$22,000$ 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 $y$

Complete this question by entering your answers in the tabs below.

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

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

$\backslash$table$[[$Manufacturing Overhead Budget$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,$Y_{lon}$