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Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor- hours. The direct labor budget indicates that 7,900 direct labor-hours will be required in

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Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor- hours. The direct labor budget indicates that 7,900 direct labor-hours will be required in August. The variable overhead rate is $1.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,550 per month, which includes depreciation of $8,800. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice $8,690 $100,440 $91750 $109.240

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