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TB Problem Qu. 8-231 (Algo) Brockney Inc. bases its manufacturing... Brockney Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate
TB Problem Qu. 8-231 (Algo) Brockney Inc. bases its manufacturing... Brockney Inc. 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. 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.) During June, Tarras Corporation plans to serve 38,000 customers. The company uses the following revenue and cost formulas in its budgeting, where is the number of customers served: Revenue: $4.479 Wages and salaries: $33,800 + $1.599 Supplies: $0.799 Insurance: $18,000 Miscellaneous expense: $4,800 + $0.499 Required: Prepare the company's planning budget for June
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