Dallas Corp. bases its manufacturing overhead on direct labor-hours. The variable overhead rate is $4.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $50,240 per month, which includes depreciation of $2,680. All other fixed manufacturing overhead costs represent current cash flows. The direct labor budget indicates that 3,200 direct labor-hours will be required in May. The May budgeted cash disbursements for manufacturing overhead should be: $64,960 $47,560 $68,800 $62,280