1. Edgington 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 $92,130 per month, which includes depreciation of $19,820. All other fixed manufacturing overhead costs represent current cash flows. The November direct labor budget indicates that 8,300 direct labor-hours will be required in that month.

Required:

a. Determine the cash disbursement for manufacturing overhead for November.

b. Determine the predetermined overhead rate for November. (Round your answer to 2 decimal places.)

2. Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $15,000. Budgeted cash receipts total $184,000 and budgeted cash disbursements total $183,000. The desired ending cash balance is $31,000. The excess (deficiency) of cash available over disbursements for January will be: $199,000 $14,000 $16,000 $1,000

3. Sparks Corporation has a cash balance of $8,100 on April 1. The company must maintain a minimum cash balance of $6,500. During April, expected cash receipts are $49,000. Cash disbursements during the month are expected to total $53,500. Ignoring interest payments, during April the company will need to borrow: $2,900 $6,500 $3,600 $4,500