Lamp Light Limited (LLL) calculates a fixed overhead rate based on budgeted fixed overhead of $32,400 and budgeted production of 24,000 units. Actual results were as follows: Number of units produced and sold Actual fixed overhead 25.090 $ 32,000 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. Reg 1 Reg 2 and 3 Reg 4 Calculate the fixed overhead rate based on budgeted production for LLL. (Round your answer to 2 decimal places.) Fred Overhead Rate per Unit Req 2 and 3 > Complete this question by entering your answers in the tabs below. Req 1 Reg 2 and 3 Reg 4 2. Calculate the fixed overhead spending variance for LLL. 3. Calculate the fixed overhead volume variance for LLL (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance) Show less 2. 3. Fixed Overhead Spending Variance Fixed Overhead Volume Variance 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. Reg 1 Reg 2 and 3 Reg 4 Calculate the over or underapplied fixed overhead for LLL Faced overhead