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The manufacturing overhead budget at a corporation is based on budgeted direct labor hours. The direct labor budget indicates that 3 , 8 0 0

The manufacturing overhead budget at a corporation is based on budgeted direct labor hours. The direct labor budget indicates that 3,800 direct labor hours will be required in July. The variable overhead rate is $6 per direct labor hour. The company's budgeted fixed manufacturing overhead is $43,220 per month, which includes depreciation of $3,540. The July cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
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$66,020
$22,800
$62,480
$39,680
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