Brockney incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.60 per direct laborhour. The company's budgeted fixed manufocturing overhead is $94,350 per month, which includes depreciation of $19,840. All other fixed manufacturing overheod costs represent current cosh flows. The July direct iabor budget indicates that 8,500 direct laborihours will be required in that month. Required: 1. Determine the cash disbursements for manufacturing overhead for July. 2. Determine the predetermined overhead rate for July. (Round your answer to 2 decimal places.)