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The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor$-$hours:

$\backslash$table$[[,1$st Quarter,$2$nd Quarter $3$ rd Quarter,$4$th Quarter,$],[$Budgeted direct labor$-$hours,$9,200,8,800,9,100,9,500]]$

The company uses direct labor$-$hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $$3\mathrm{.}50$ per direct labor$-$hour and its total fixed manufacturing overhead is $$60,000$ per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $$15,000$ per quarter.

Required:

Prepare the company's manufacturing overhead budget for the upcoming fiscal year.

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

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Prepare the company's manufacturing overhead budget for the upcoming fiscal year. $($Round "Variable manufacturing overhead rate" answers to $2$ decimal places.$)$

$\backslash$table$[[$Muvwoll Corporation,,,$],[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,$],[,,,,,],[$Variable manufacturing overhead rate,,,,,$],[$Variable manufacturing overhead,,,,,$],[$Fixed manufacturing overhead,,,,,$],[$Total manufacturing overhead,,,,,$],[,,,,,],[$Cash disbursements for manufacturina overhead,,,,,$]]$

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