please help eith the answers and steps in how to calculate it

Exercise 8-5 (Algo) Manufacturing Overhead Budget [Lo8-6] The direct labor budget of Yuwwell Corporation for the upcoming fiscal year contains the following details conceming budgeted direct laborthours: The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $3.25 per dilrect labor-hour and its total fixed manufacturing overhead is $58,000 per quarter. The only noncash item included in flxed manufacturing overhead is depreciation, which is $14,500 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. Complete this question by entering your answers in the tabs below. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Variable manufacturing overhead rate" answers to 2 decimal places.) Exercise 8-5 (A/go) Manufacturing Overhead Budget [Lo8-6] The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following detalis conceming budgeted direct labor-hours: The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manulacturing overhead rate is $3.25 per direct labor-hour and its total fixed manufacturing overhead is $58,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $14,500 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming iscal year. Complete this questlon by entering your answers in the tabs below. Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places.)