7 Haines Manufacturing Company (HMC) bases its fixed overhead rate on practical capacity of 33,000 units per year Budgeted and actual results for the most recent year follow 10 Fixed manufacturing overhead Number of units produced Budgeted Actual $841, see $790, see 23,eee 26,000 Required: 1. Calculate the foed overhead rate based on practical capacity. (Round your final answer to 2 decimal places.) 000 Fixed Overhead Rato per unit 2. Calculate the fixed overhead spending variance (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Fixed Overhead Spending Varunce 3. Calculate the expected (planned capacity variance. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable) Expochod Planned) Capasty Varianos 7 10 ports 4. Calculate the unexpected (unplanned) capacity variance (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable.) Unexpected (Unplanned) Capacity Variance References 5. Calculate the total over: or underapplied fixed manufacturing overhead (Indicate the effect of each variance by selecting "F" for favorable/Overapplied and "U" for unfavorable/underapplied) xod Oohad