Nice-Cut processes bags of frozen organic vegetables sold at specialty grocery stores. Nice-Cut allocates manufacturing overhead based on direct labour hours. Nice-Cut actually processed 187,500 cases of frozen organic vegetables during the year and incurred $842,500 of manufacturing overhead. Of this amount, $510,000 was fixed. (Click the icon to view the additional data.) Requirements Requirement 1. What is the flexible budget (for the actual output) for variable overhead? For fixed overhead? For total overhead? Nice-Cut Flexible Budget for Actual Outputs Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Additional data Standard variable overhead rate Standard fixed overhead rate Standard total overhead rate Amount of cases processed Standard fixed overhead Direct labour standard for each case Print Done $4 $16 $20 162,500 $650,000 0.25 hr