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 $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $5,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? $90,000 $80,000 $86,000 $88,000