TB Problem Qu. 8-217 (Algo) The manufacturing overhead budget... The manufacturing overhead budget of Reigle Corporation is based on budgeted direct labor-hours. The February direct labor budget indicates that 6 direct labor-hours will be required in that month. The variable overhead rate is $5.9 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $85,610 per month, which includes depreciation of $20,070. All other fixed manufacturing overhead costs represent current cash flows. Required: 1. Determine the cash disbursements for manufacturing overhead for February. 2. Determine the predetermined overhead rate for February. Note: Round your answer to 2 decimal places