Brockney Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $113,460 per month, which includes depreciation of $19,760. A other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,300 direct labor- hours will be required in that month. Required 1. Determine the cash disbursements for manufacturing overhead for July ermine the predetermined overhead rate for July. (Round your answer to 2 decimal places.) ts for manufa overhead 2. Predetermined overhead rate Mcinerney Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of ctivity (i.e., cost drivers), namely guests and jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company uses the following data in its budgeting Fixed element per month Variable Variable element element per per guest jeep Revenue Tour guide wages Vehicle expenses Administrative expenses 116 123 $ 66 4,150 $ 2,85e $ 13 In October, the company budgeted for 330 guests and 96 jeeps. The actual activity for the month was 365 guests and 116 jeeps. Required Prepare the company's flexible budget for the actual level of activity in ectober. Mcinerney Jeep Tours Flexible Budget For the Month Ended October 31 Actual guests Actual jeeps 365 116 dget Tor the act Mcinerney Jeep Tours Flexible Budget For the Month Ended October 31 ed 365 Actual guests Actual jeeps Revenue Expenses 116 Tour guide wages Vehicle expenses Administrative expenses Total expense Net operating income K Prey on here to search