Brockney Incorporated Bases Its Manufacturing Overhead Budget on Budgeted Direct

Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.70 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $114,400 per month, which includes depreciation of $19,670. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 8,800 direct labor-hours will be required in that month.Required:a. Determine the cash disbursements for manufacturing overhead for July.b. Determine the predetermined overhead rate for July. (Round your answer to 2 decimal places.)