5 The direct labour budget of Yuvwell Corporation for the upcoming fiscal year contains...

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Accounting

5
The direct labour budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labour-hours:
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\table[[,1st,2nd,3rd,4th],[Budgeted direct labour-hours,Quarter,Quarter,Quarter,Quarter]]
01:00:58
The company's variable manufacturing overhead rate is $3.00 per direct labour-hour and the company's fixed manufacturing overhead is $56,000 per quarter. The only non-cash item included in fixed manufacturing overhead is depreciation, which is $14,000 per quarter.
Required:
Complete the company's manufacturing overhead budget for the upcoming fiscal year.
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\table[[Yurwell Corporation,,],[Manufacturing Overhead Budget,,,,,],[,1st Quarter,2nd Quarter,3rd Quarter,4th Quarter,Year],[Variable manufacturing overhead,,,,,],[Fixed manufacturing overhead,,,,,],[Total manufacturing overhead,,,,,],[Less depreciation,,,,,],[Cash disbursements for manufacturing overhead,,,,,]]
Compute the company's manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.
\table[[Total budgeted manufacturing overhead for the year,]]
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