A corporation is preparing its Manufacturing Overhead Budget for the Third quarter of the year. The budgeted variable factory overhead rate is $5.00 per direct labor-hour; the budgeted fixed factory overhead is $75,000 per month, of which $15,000 is factory depreciation. If the budgeted direct labor time for August is 12,000 hours, compute the cash budgeted factory overhead for August. A Company has a product that sells 2000 units for $60 per unit. The variable expenses are $35 per unit, and fixed expenses total $20,000 per year. What would the company's monthly net operating income be if sales increased by 10% and there is no change in total fixed expenses? Use the degree of operating leverage