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controler, obtains tho followirg information abcut Philadeiphia Brewery's copacry and budgeted fired manufachiring costs for 2020 . (Click the icon to view the information) Read the Requirenent 1. Compute the budqeted food manufochuring overtsod rase per barrel for each cf teie denominator level capacity concepta Explain why they are diefent = budgotbd. MOH = manufacturing oremead. Found the fates to the nearest cent.) Data table Requirements 1. Compute the budgeted fixed manufacturing overhead rate per barrel for each of the denominator-level capacity concepts. Explain why they are different. 2. In 2020, the Philadelphia Brewery reported these production results: There are no variable cost variances. Fixed manufacturing overhead cost variances are written off to cost of goods sold in the period in which they occur. Compute the Philadelphia Brewery's operating income when the denominator-level capacity is (a) theoretical capacity, (b) practical capacity, and (c) normal capacity utilization