Watoga Finishings bases its manufacturing overhead budget on budgeted direct labor$-$hours.

The variable overhead rate is $$1\mathrm{.}30$ per direct labor$-$hour. The company's budgeted fixed

manufacturing overhead is $$116,560$ per month, which includes depreciation of $$19,750.$ All

other fixed manufacturing overhead costs represent current cash flows. The February direct

labor budget indicates that $9,400$ direct labor$-$hours will be required in that month.

Calculate cash disbursements for manufacturing overhead for February.

Responses should be formatted as a whole number with a dollar sign at the beginning and commas

separating appropriate increments $($i$.$e$.,$ $$1,000).$ Please do not include any words in your response,

and please do not include cents $($i$.$e$.,\mathrm{.}00).$

Please note that you MUST format your response exactly as directed in order to receive credit. I will

give partial credit for correct numbers with incorrect formatting.

Calculate the predetermined overhead rate for February.