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The Giant Burger Restaurant Group supples its franchise restaurants with many pro-manufactured ingredents (wuch as bags of frocen French friesk. while other ingredients fsuch as lettuce and tomatoes) are sourced locally. Assume that the manufacturing plant processing the tries antcipated incurring a fotal of 53 , 136.000 of manufacturing overhead during the yeat. Of this amount. $1,344,000 is fixed. Manufacturing overhead is allocated based on machine hours. The plant articipates runring the machines 224,000 hours nect yoar. Read the tecuirements: Requirement 1. Compute the standard variable overhend rate