12. Dean Company is preparing a flexible budget for 2019 and the following maximum capacity estimates for Department M are available At Maximum Capacity Direct manufacturing labor hours Variable factory overhead Fixed factory overhead 60,000 150,000 240,000 Dean Company's normal capacity is 80% of maximum capacity Required: What would be the total factory overhead rate, based on the direct manufacturing labor hours, in a flexible budget at normal capacity? 13. Oslo Company's industrial photo-finishing division, RGO incurred the following costs and expenses in 2019: Fixed Variable Direct materials $ 200.000 Direct manufacturing labor Factory overhead General, selling and administrative 150.000 42.000 48.000 90.000 70.000 30.000 $ 450.000 $ During 2019, RGO produced 300,000 units of industrial photo-prints, which were sold for $2 each. Oslo Company's investment in RGO was $500,000 and $700,000 at Janaury 1, 2019 and December 31, 2019, respectively. Oslo Company normally imputes interest on investments at 15% of average invested capital. Required: For the year ended December 31, 2019, compute RGO's return on average investment