amp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information fr LL's standard cost card follows: During August, LLL had the following actual results: Lamp Light Limited (LL) calculates a fixed overhead rate based on budgeted fixed overhead of $81.200 and budgeted production o 23,200 units. Actual results were as follows: Required: 1. Calculate the fixed overhead rate based on budgeted production for LLL 2. Calculate the fixed overhead spending variance for LLL 3. Calculate the fixed overhead volume variance for LLL. 4. Calculate the over-or underapplied fixed overhead for LLL. Complete this question by entering your answers in the tabs below. Required: 1. Calculate the fixed overhead rate based on budgeted production for 2. Calculate the fixed overhead spending variandee for Lufu. 3. Calculate the fixed overhead vo ume variance for LLL 4. Calculate the over-or underapplied fixed overhead for LL4. Complete this question by entering your answers in the tabs below. Required: 1. Calculate the fixed overhead rate based on budgeted production for LLL. 2. Calculate the fixed overhead spending variance for LLL. 3. Calculate the fixed overhead volume variance for LLL. 4. Calculate the over-or underapplied fixed overhead for LLL. Complete this question by entering your answers in the tabs below. Calculate the over- or underapplied fixed overhead for LLL