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 $2.00 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $8,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? Multiple Choice $78,000 $72,000 $80,000 $88,000

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 $2.00 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $8,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? Multiple Choice $78,000 $72,000 $80,000 $88,000

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter13: Budgeting And Standard Costs

Section: Chapter Questions

Problem 13.11E: Factory overhead cost budget Nutty Candy Company budgeted the following costs for anticipated...

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