Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $9,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? Multiple Choice $94,000 $84,000 $76.000 $82,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing
overhead rate used for budgeting purposes is $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including
$9,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July?
Multiple Choice
$94,000
$84,000
$76,000
$82,000
Transcribed Image Text:Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $9,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? Multiple Choice $94,000 $84,000 $76,000 $82,000
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