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Question - Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.70 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $95,460 per month, which includes depreciation of $19,850. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 8,600 direct labor-hours will be required in that month.
Required -
1. Determine the cash disbursements for manufacturing overhead for July.
2. Determine the predetermined overhead rate for July.
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