1. Identify and explain the various capacity level used to calculate the fixed ovrehead rate 2. Assuming that the total budgeted fixed costs for the year are $10,000,000: Required: Calculate the fixed cost per unit and identify the denominator-level under the following scenario: a- Capacity a plant can supply: i = 20,000 ii = 15,000 b - Capacity customers can demand: iii = 12,500 iv = 10,000