Question: Chloe CVBA is developing their manufacturing overhead budget for June, which is based on budgeted direct labor hours. The variable overhead rate is $7.50 per

Chloe CVBA is developing their manufacturing overhead budget for June, which is based on budgeted direct labor hours. The variable overhead rate is $7.50 per direct labor hour and 5,000 direct labor hours are budgeted for June. Fixed manufacturing overhead is budgeted at $56,000. All overhead costs are current cash flows except for $6,720 of depreciation. What should the manufacturing overhead budget indicate for cash disbursements for manufacturing overhead for the month of June?

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