The manufacturing overhead budget of Reigle Corporation is based on budgeted direct labor-hours. The February direct...
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The manufacturing overhead budget of Reigle Corporation is based on budgeted direct labor-hours. The February direct labor budget indicates that 9,800 direct labor-hours will be required in that month. The variable overhead rate is $6.6 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $87,360 per month, which includes depreciation of $21,820. All other fixed manufacturing overhead costs represent current cash flows. Required: 1. Determine the cash disbursements for manufacturing overhead for February. 2. Determine the predetermined overhead rate for February. Note: Round your answer to 2 decimal places. 1. Cash disbursements for manufacturing overhead 2. Predetermined overhead rate The manufacturing overhead budget of Reigle Corporation is based on budgeted direct labor-hours. The February direct labor budget indicates that 9,800 direct labor-hours will be required in that month. The variable overhead rate is $6.6 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $87,360 per month, which includes depreciation of $21,820. All other fixed manufacturing overhead costs represent current cash flows. Required: 1. Determine the cash disbursements for manufacturing overhead for February. 2. Determine the predetermined overhead rate for February. Note: Round your answer to 2 decimal places. 1. Cash disbursements for manufacturing overhead 2. Predetermined overhead rate
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