P8-37 (similar to) Question Help Bright, Inc., is a manufacturer of vacuums and uses standard costing. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of budgeted machine-hours. In 2017, budgeted fixed manufacturing overhead cost was $18,000,000. Budgeted variable manufacturing overhead was $9 per machine-hour. The denominator level was 1,000,000 machine-hours Read the requirements Requirement 1. Prepare a graph for fixed manufacturing overhead. The graph should display how Bright, Inc.'s fixed manufacturing overhead costs will be depicted for the purposes of (a) planning and control and (b) inventory costing. (Enlarge the graph and use the tool line button displayed to draw the graph.) Fixed Manufacturing Overhead Costs G S22,500,0 21,000,0 S19,500,0 e S18,000 6 $15,000 $16,500 S13,500,0 S12,000 10,500 59,000 7.500,0 S6.000 S3.000 a$1,500 4,500,0 0 400,000800,000,200,000 Click to