Question 1 (21 marks) All Out Bagels manufactures a variety of bagels. For the 2022 operating year, the company has set up the following budgets: - Fixed Manufacturing Overhead budget, $3,600,000 - Total Customer demand - 1,200,000 bagels The company plans to produce and sell 4 types of bagels. Each bagel is to be allocated the same FMOH rate (based on total FMOH costs and customer demand as given above). The differences in producing each type of bagel is a variable cost. For each bagel, the quantity planned for production and variable cost per bagel are: The company has a May 31st year end. Assume the company has no price, rate or efficiency variances. Required 1. Calculated the FMOH rate. 2. Calculate the inventoriable cost per unit for each type of bagel. 3. Calculate the production-volume variance for each type of bagel and in total for the company. Were total FMOH costs over or underallocated