the Cost Formula; Calculating Monthly, Quarterly, and Yearly Costs using a Cost Formula Based on Monthly Data Overhead Cost =$307,000+($72 Direct Labor Hours ) [ure column that corponds to the term in the left column. Overhead $30> 2. If next month's budgeted direct labor hours equal 11,500 , what is the budgeted overhead cast? 24. 46,000, what is the budgeted overhead cost? Wark 3 more Check Mr