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Business, 24.06.2019 19:40 ineedtopeebeforethec

The manufacturing overhead budget at foshay corporation is based on budgeted direct labor-hours. the direct labor budget indicates that 7,000 direct labor-hours will be required in may. the variable overhead rate is $7.50 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $138,600 per month, which includes depreciation of $24,870. all other fixed manufacturing overhead costs represent current cash flows. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for may should be:

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