QUESTION Problem 2 XX company allocated feed manufacturing overhead using budgeted direct labor hours per unit. You seen the following mommation Flexible budged variance of fixed manufacturing overhead - 7 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 = 15,000 direct labor hours. Required: The Fixed manufacturing overhead budgeted rate is $. per direct labor hour