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Brilliant Burgers supplies restaurants with many premanufactured ingredients (such as bags of frozen french fries). Assume that the manufacturing plant processing the fries anticipated incurring

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Brilliant Burgers supplies restaurants with many premanufactured ingredients (such as bags of frozen french fries). Assume that the manufacturing plant processing the fries anticipated incurring a total of $3,220,000 of manufacturing overhead during the year. Of this amount, $1,500,000 is fixed. Manufacturing overhead is allocated based on machine hours. The plant anticipates running the machines 226,000 hours next year. 1. Compute the standard variable overhead rate. 2. Compute the fixed overhead rate. 3. Compute the standard total overhead rate.1. Compute the standard variable overhead rate. Enter the formula, and then compute the standard variable overhead rate. (Round your answer to the nearest cent.) = Standard variable overhead rate 2. Compute the fixed overhead rate. Enter the formula, and then compute the fixed overhead rate. (Round your answer to the nearest cent.) Standard fixed overhead rate 3. Compute the standard total overhead rate. (Round your answer to the nearest cent.) Total standard overhead rate is $ per hour

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