Bill is employed by a company to design and maintain custom software applications used by the company's employees to determine inventory levels. john is one of the employees who uses the software applications maintained by bill. these software applications are important for customer service because when customers call the company to place an order, very often the call is switched to john. john uses the software application to determine the inventory levels and then informs the customer if the order can be placed. john is the of bill. supplier external customer external supplier internal customer

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 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.