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A company's manufacturing overhead budget is based on budgeted direct labor hours. The direct labor budget indicates that 9,000 direct labor hours will be required

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A company's manufacturing overhead budget is based on budgeted direct labor hours. The direct labor budget indicates that 9,000 direct labor hours will be required in August. The variable overhead rate is $2.30 per direct labor hour. The company's budgeted fixed manufacturing overhead is $109,440 per month, which includes depreciation of $9,810. The cash disbursements for manufacturing overhead for August on the manufacturing overhead budget should be: Multiple Choice $120,330 $20,700 $99,630 O $130,140

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