Ch. 8 - Newell Office Brands, Inc, bases its Manufacturing Overhead expense budget on budgeted direct labor hours. The Direct Labor budget shows 3,000 direct labor hours are planned for the month of August. The variable manufacturing overhead is \\( \\$ 2.50 \\) per direct labor hour. The budgeted fixed manufacturing overhead is \\( \\$ 32,500 \\) per month, which includes depreciation of \\( \\$ 5,000 \\) per month. The remainder of the fixed manufacturing overhead represents current cash flows. The cash disbursements for manufacturing overhead on the August manufacturing overhead budget should be: \\( \\$ 35,000 \\) \\( \\$ 32,502.50 \\) \\( \\$ 40,000 \\) \\( \\$ 32,500 \\)