Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is...

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Accounting

Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $2.50 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $162,700 per month, which includes depreciation of $25,000. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 10,400 direct labor-hours will be required in that month.
The cash disbursements for manufacturing overhead for July and the predetermined overhead rate for July are;
Group of answer choices
173,700 ; 20.25
160,700 ; 16.75
163,700 ; 18.14
170,300 ; 19

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