From the Following Details Provided by Chestnut, Inc

From the following details provided by Chestnut, Inc., prepare the manufacturing overhead budget for the year. Also, calculate the predetermined overhead allocation rate, using direct labor hours as the allocation base.
$\begin{array}{|l|r|r|r|r|}\hline&\text { First } & \text { Second } & \text { Third } & \text { Fourth } \\&\text { Quarter } & \text { Quarter } & \text { Quarter } & \text { Quarter }\\\hline \text { Budgeted production units } & 15,000 & 18,000 & 21,000 & 24,000 \\\hline \text { Variable overhead cost per unit } & \$ 45 & \$ 45 & \$ 45 & \$ 45 \\\hline \text { Fixed overhead costs: } & & & & \\\hline \text { Depreciation } & \$ 3,000 & \$ 3,000 & \$ 3,000 & \$ 3,000 \\\hline \text { Rent }&\$5,000&\$5,750&\$6,250&\$7,250\\\hline\text { Direct Labor Hours } & 12,500 & 14,500 & 17,200 & 12,800 \\\hline\end{array}$