TB Problem Qu. 8-231 Brockney Inc. bases its manufacturing ... Brockney Inc. 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 $117,000 per month, which includes depreciation of $19,690. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,000 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. Predetermined overhead rate