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Assume a company's direct labor budget for July estimates 10,000 tobor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting

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Assume a company's direct labor budget for July estimates 10,000 tobor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $3.00 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $8,000 of depreciation. What is the total budgeted manufacturing overhead for July? Multiple Choice 388.000 $90,000 $82,000 $98,000

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