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Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor...

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Accounting

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Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor budget indicates that 8,400 direct labor-hours wll be required in August. The variable overhead rate is $1.30 per direct labor hour. The company's budgeted fixed manufacturing overhead is $100,470 per month, which ncludes depreclation of $8,880. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $10.920 Prev2of as Next

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