Help with questions 11-13 11. The manufacturing overhead budget...
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Help with questions 11-13
11. The manufacturing overhead budget at a corporation is based on budgeted direct labor hours. The direct labor budget indicates that 8,900 direct labor hours will be required in August. The variable overhead rate is $5.50 per includes depreciation of $30,260. The predetermined overhead rate for August should be: A $5.50 B. $17.10 C. $20.50 D. $15.00 nufacturing overhead is $133,500 per month, which 12. A company is working on its cash budget for January. The budgeted beginning cash balance is $41,000 Budgeted cash receipts total $114,000 and budgeted cash disbursements total $113,000. The desired ending cash balance is $60,000. The excess of cash available over disbursements for January will be A. $42,000 B. $155,000 C. $40,000 D. $1,000 A corporation is working on its cash budget for May. The budgeted beginning cash balance is $45,000. Budgeted cash receipts total $129,000 and budgeted cash disbursements total $124,000. The desired ending cash balance y, the company needs to borrow: A. $110,000 B. $0 C. $60,000 D. $10,000
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