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Mainstay Corporation is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts total $158,000 and budgeted cash
Mainstay Corporation is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts total $158,000 and budgeted cash disbursements total $150,000. The desired ending cash balance is $80,000. To attain its desired ending cash balance for April, the company needs to borrow: Hatzenbuhler Manufacturing Corporation has prepared the following overhead budget for next month. 6,800 machine-hours $22,440 55,760 Activity level Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Depreciation Total overhead cost 21,600 6,850 8,550 $110,600 The company's variable overhead costs are driven by machine- hours. What would be the total budgeted overhead cost for next month if the activity level is 6,400 machine-hours rather than 6,800 machine-hours
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