Yuwwell 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,$10,800,9,600,9,900,10,700]]$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$5\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$76,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation of $$19,000$ 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.

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

Required $2$

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

Note: Round your answer to $2$ decimal places.

Predetermined overhead rate for the year