Question 3 Part A Luna Company had planned to produce 160,000 units of widgets, however it actually.. produced 176,000. The Company uses machine hours to assign overhead to products. Each unit requires 0.6 standard machine. The fixed overhead rate is $13 per machine hour and the variable overhead rate is 7.16 per direct labour hour. Required: Calculate the total allocated fixed overhead a. [2 marks] b. Calculate the budget fixed overhead [2 marks]