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Morrish Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 5,800 direct labor-hours will be required in January.

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Morrish Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 5,800 direct labor-hours will be required in January. The variable overhead rate is $2.70 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $94,540 per month, which includes depreciation of $16,240. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice $110.200 $93.960 $15,660 $73,080 Next >

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