17. The manufacturing overhead budget at Pendley Corpo The direct labor budget indicates that 8,90o direct labor-hours will be required in August. The v ration is based on budgeted direct labor-hours pany's budgeted fixed manufacturing overhead is putes its predetermined overhead rate every overhead rate is $5.50 per direct labor-hour. The com $133,500 per month, which includes depreciation of $30,260. All other fixed manufacturing overhead costs represent current cash flows. The company recom month. The predetermined overhead rate for August should be: 12