Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $150 per direct labor-hour. The company's budgeted foxed manufacturing overhead is $115700 per month, which includes depreciation of $19,680. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 8.900 direct labor hours 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.) 1. Cash disbursements for manufacturing overhead 2. Predetermined overhead rate MacBook Air