Homew 307 Chap work Question 2, T18-2 (book/static) Part 1 of 3 HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Sanjana Company makes watches. For 2017, the company expected fixed overhead costs of $648,000. Sanjana uses direct labor-hours to allocate fixed overhead and anticipates 21,600 hours during the year for an expected output of 540,000 units. An equal number of units are budgeted for each month. During October, 48,000 watches were produced and $52,000 was spent on fixed overhead. Calculate the following a. the fixed overhead rate for 2017; b. the foxed overhead spending variance for October, and c. the production-volume variance for October a. Calculate the fixed overhead rate for 2017. Fixed overhead rate per hour for 2017 Clear all Check answer Etext pages Calculator Ask my instructor Type here to search PM 2022