Thunder Bol ine, is a manulacturer of the very pepular 036 motortyoles. The management at Thunder Bot has necenty astopled absoplon costing and is debating which denominatorievel eqerators that provide component pars. The folowing are the denominaloc-level sptora that manapement hat been centidering (1) (chok the icon to viea the optioni) Fuad the erquicments a. Theoretical capacity-based on three shifts, completion of five motorcycles per shift, and a 360-day year-3 35360=5,400. b. Practical capacity - theoretical capacity adjusted for unavoidable interruptions, breakdowns, and so forth 34320=3,840. c. Normal capacity utilization-estimated at 3,240 units. d. Master-budget capacity utilization-the strengthening stock market and the growing popularity of motorcycles have prompted the marketing department to issue an estimate for 2020 of 3,600 units. Requirements 1. Calculate the budgeted fixed manufacturing overhead cost rates under the four denominator-level concepts. 2. What are the benefits to Thunder Bolt, Inc., of using either theoretical capacity or practical capacity? 3. Under a cost-based pricing system, what are the negative aspects of a master-budget denominator level? What are the positive aspects