Next Page Question 18 (2.5 points) Page 18 of 40 Falls Inc. budgets variable manufacturing overhead at 40% of its direct labour costs. The company estimates that 8,000 direct labour hours will be used at an average rate of $12.00 per hour. The company's fixed manufacturing overhead costs are budgeted at $50,000 for the year. The company's budgeted manufacturing overhead for the year is: O $88,400 $38,400 O $53,200 O $50,000 Next Page Page 18 of 40 Submit Quiz 17 of 40 questions saved 946 AM -2"C Mostly cloudy 96 X P N W N PgOn End PgUp FIL Home F10 PrtSen Fg F8 F7 x DII F4 F3 & O 8 P O