Question: DeVrys manufacturing overhead budget is based on budgeted direct labor-hours. The direct labor budget indicates that 7,800 direct labor-hours will be required in November. The

DeVrys manufacturing overhead budget is based on budgeted direct labor-hours. The direct labor budget indicates that 7,800 direct labor-hours will be required in November. The variable overhead rate is $8.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $113,880 per month, all of which represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for November should be:

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