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1. Peter makes custom motorcycles. For the month, Peter makes 10 motorcycles, and each motorcycle takes 200 labor hours. The budgeted variable overhead cost rate

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1. Peter makes custom motorcycles. For the month, Peter makes 10 motorcycles, and each motorcycle takes 200 labor hours. The budgeted variable overhead cost rate is $5 per labor hour. What is the budgeted variable overhead cost rate per motorcycle? 2. What are the steps in developing a budgeted variable overhead rate? 3. What are the steps in developing a budgeted fixed overhead rate? 4. What can the flexible-budget variance for variable overhead costs be broken into? 5. What can the flexible-budget variance for fixed overhead costs be broken into? 6. What is the production-volume variance

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