Brockney Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $113,460 per month, which includes depreciation of $19,760. A other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,300 direct labor - hours will be required in that month. Required 1. Determine the cash disbursements for manufacturing overhead for July ermine the predetermined overhead rate for July. (Round your answer to 2 decimal places.) ts for manufa overhead
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