Required:

1. Determine the cash disbursements for manufacturing overhead for July.

2. Determine the predetermined overhead rate for July.

Please answer BOTH required! Thank you!

Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $119,600 per month, which includes depreciation of $19,710. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,200 direct labor-hours will be required in that month. Required: 1. Determine the cash disbursements for manufacturing overhead for July. 2. Determine the predetermined overhead rate for July. (Round your answer to 2 decimal places.)