Super Lager has just purchased the Austin Brewery. The brewery is 2 years old and uses absorption costing. It will "sell" its product to Super Lager at $47 per barrel. Peter Bryant, Super Lager's controller, obtains the following information about Austin Brewery's capacity and budgeted fixed manufacturing costs for 2020:

Super Lagor has just purchased the Austin Brewery. The brewery is 2 years old and uses absorption costing. It wa "well" its product to Super Lagor at S47 per berrel. Peser Boyant, Fuper Lager's controller, cbtains the following information about Austin Brewery's capacity and budgeted Sxed manulacturing costs for 2020: (Click the leon to view the information.) Read the reguitements: Requirement 1. Computie the budgeted fixed manufscturing overhead rate per barel for each of the denominator-level cagacity concepts. Explain why they are diferent, used theida = buogeted, MOH = manulacturing overhead. Round the rises to the neareat cent.) Data table Jain why they are different. Requirements 1. Compute the budgeted fixed manufacturing overhead rate per barrel for each of the denominator-level capacity concepts. Explain why they are different. 2. In 2020, the Austin Brewerv reported these production results: There are no variable cost variances. Fixed manufacturing overhead cost variances are written off to cost of goods sold in the period in which they occur. Compute the Austin Brewery's operating income when the denominator-level capacity is (a) theoretical capacity, (b) practical capacity, and (c) normal capacity utilization