Below is the Rose Company's Manufacturing Overhead Budget for the 1st quarter of the year: January...

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Below is the Rose Company's Manufacturing Overhead Budget for the 1st quarter of the year: January February March Quarter 10,000 9,500 9,100 28,600 Direct Labor Hours $5.00 $5.00 $5.00 $5.00 Variable manufacturing overhead per hour Total variable manufacturing overhead $50,000 Fixed manufacturing overhead $47,500 $45,500 $143,000 40.000 40.000 120.000 $90,000 $87,500 $85,500 $263,000 40.000 Total manufacturing overhead Less: Depreciation 20,000 20.000 20.000 60.000 Cash disbursements for manufacturing overhead $70,000 $67,500 $65,500 $203,000 Rose uses direct labor hours as its overhead allocation base. The company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the quarter is closest to: O $4.38 per direct labor hour $9.20 per direct labor hour $7.10 per direct labor hour $5.00 per direct labor hour Below is the Rose Company's Manufacturing Overhead Budget for the 1st quarter of the year: January February March Quarter 10,000 9,500 9,100 28,600 Direct Labor Hours $5.00 $5.00 $5.00 $5.00 Variable manufacturing overhead per hour Total variable manufacturing overhead $50,000 Fixed manufacturing overhead $47,500 $45,500 $143,000 40.000 40.000 120.000 $90,000 $87,500 $85,500 $263,000 40.000 Total manufacturing overhead Less: Depreciation 20,000 20.000 20.000 60.000 Cash disbursements for manufacturing overhead $70,000 $67,500 $65,500 $203,000 Rose uses direct labor hours as its overhead allocation base. The company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the quarter is closest to: O $4.38 per direct labor hour $9.20 per direct labor hour $7.10 per direct labor hour $5.00 per direct labor hour

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