QUESTION 7 Problem 2. XX company allocatos fixed manufacturing overhead using budgeted direct labor hours per writ. You Actual fixed manufacturing overhead - $1,000,000 Flexible budged variance of fixed manufacturing overhead ? Fixed manufacturing overhead flexible budget = $1,400,000 Fixed manufacturing overhead allocated = 7 Fixed manufacturing overhead production volume variance = $100.000 favorable Fixed manufacturing overhead budgeted direct labor hours allowed for actual output units = 15,00 dine behou per direct labor hour. Required: The Fixed manufacturing overhead budgeted rate is $. 66.67