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Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for
Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $2.25 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $9,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? Multiple Choice $73,500 $81,500 $91,500 $79,500
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