The following data relate to Department no. 2 of Young Corporation: Segment contribution margin $480,000
Profit margin controllable by the segment manager 226,000
Segment profit margin 108,000.
On the basis of this information, fixed costs traceable to Department no. 2 but controllable by others are:
a) $122,000
b) $140,000
c) $250,000
d) $370,000
e) not determinable.

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.