per DLH Below are selected clomants of the flexible budget file for Crimson Enterprises Direct Labour Hours 30,000 40,000 50,000 Variable manufacturing overhead 2.50 $75,000 $100,000 $125,000 Fixed manufacturing overhead 320,000 320,000 320,000 Total manufacturing overhead $395,000 $420,000 $445,000 The company produces a single product that requires 25 direct labour hours to complete. The direct labour wage is $20 per hour. Three metres of raw material are required for each unit of product at a cost of $5 per metre. Demand for the company's product differs widely from year to year. Expected activity this year is 50,000 direct labour hours. Normal activity is 40,000 direct labour hours per year There were 48,000 actual hours worked during the year and 18,500 unit were produced Actual variable manufacturing costs for the year was $124,800 fixed manufacturing costs for the year was $321,700 Required Unless told otherwise enter your answer without commas or dollar signs rounded to the nearest dollar Eg for $1,567,000 45 would be 1567000 if you do not think a dollar value is relevant, enter "na" as follows: na 1. Assume the company chooses 40,000 direct labour hours as the denominator level of activity. Compute the predetermined overhead rate to two decimal places for variable overhead (1/2 mark) 2. Assume the company chooses 40,000 direct labour hours as the denominator level of activity Compute the predetermined overhead rate to two decimal places for fixed overhead (1/2 mark) 3. Assume the company chooses 50,000 direct labour hours as the denominator level of activity Compute the predetermined overhead rate to two decimal places for variable overhead (1/2 mark) 4. Assume the company chooses 50,000 direct labour hours as the denominator level of