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Question - Osseeprer Plc Ltd. is developing their manufacturing overhead budget for August, which is based on budgeted direct labor hours. The variable overhead rate is $17.65 per direct labor hour and 6,800 direct labor hours are budgeted for August. Fixed manufacturing overhead is budgeted at $147,000. All overhead costs are current cash flows except for $17,640 of depreciation.
What should the manufacturing overhead budget indicate for cash disbursements for manufacturing overhead for the month of August?
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USAco, a domestic corporation, is a wholly-owned subsidiary of FORco, a foreign corporation. USAco's only assets are cash of $200,000, accounts receivable of $200,000 and its U.S. manufacturing plant worth $500,000. USAco has no liabilities. FORco se..
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