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ABC Co. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.40 per direct labor-hour. ABC's budgeted fixed manufacturing
ABC Co. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.40 per direct labor-hour. ABC's budgeted fixed manufacturing overhead is $118,300 per month, which includes depreciation of $19,700. All other fixed manufacturing overhead costs represent cash. The March direct labor budget indicates that 9,100 direct labor-hours will be required in that month. Required: 1. Calculate the cash disbursements for manufacturing overhead for March. 2. Calculate the predetermined overhead rate for March. Note: Round your answer to 2 decimal places. 1. Cash disbursements for manufacturing overhead 2. Predetermined overhead rate
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