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Saved Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.50 per direct labor hour. The company's budgeted

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Saved Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.50 per direct labor hour. The company's budgeted fixed manufacturing overhead is $93,240 per month, which includes depreciation of $19,830. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 8,400 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.) 1. Cash disbursements for manufacturing overhead 2. Prdelermined overhead rate

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