QUESTION 7 Problem 2. XX company allocatos fixed manufacturing overhead using budgeted direct labor hours per unit. You were the following information Actual fixed manufacturing overhead $1,000,000 Flexible budged variance of fixed manufacturing overhead? Fixed manufacturing overhead flexible budget $1,500,000 Fixed manufacturing overhead allocated? Fixed manufacturing overhead production volume variance = $100,000 favorable Fixed manufacturing overhead budgeted direct labor hours allowed for actual output units - 10.000 direct labor hour Required: The Fixed manufacturing overhead budgeted rate is $. per direct labor hour