Question 8 Weaverhause is a mid-west company that manufactures farm equipment. The company bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $7.74 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $97,173 per month, which includes depreciation of $8,784. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 5,490 direct labor-hours will be required in that month. Required: a. Determine the cash disbursement for manufacturing overhead for August. b. Determine the predetermined overhead rate for August. Show all calculations