Question
Queen Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.60 per direct labor-hour. The company's budgeted fixed manufacturing
Queen Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $107,380 per month, which includes depreciation of $19,900. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,100 direct labor-hours will be required in that month. MUST BE IN AN EXCEL SPREADSHEET/ADD CALCULATIONS FOR CELLS IF APPLICABLE
Determine the cash disbursements for manufacturing overhead for July.
Determine the predetermined overhead rate for July.
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