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Kassidy Hayes & Eric Lindsey manufacturing Inc. estimates their manufacturing overhead with direct labor- hours as their allocation base. The standard direct labor hours
Kassidy Hayes & Eric Lindsey manufacturing Inc. estimates their manufacturing overhead with direct labor- hours as their allocation base. The standard direct labor hours required in July is 5,500. The variable predetermined overhead rate is estimated to be $12.50 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $120,500 per month, with an annual estimated depreciation of $66,500. All other fixed manufacturing overhead costs represent current cash flows. Determine the total manufacturing cash disbursement for July. Budgeted Direct Labor Hours VPDOR Variable Manufacturing Overhead Fixed Manufacturing Overhead Total Manufacturing Overhead Less Depreciation (66,000/12) Cash Disbursement
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