Question: Determine the budgeted fixed overhead and the variable overhead rate for indirect labor if the two budgets are: 1,000 units$4,000; 3,000 units$8,000. Can you compute

Determine the budgeted fixed overhead and the variable overhead rate for indirect labor if the two budgets are: 1,000 units—$4,000; 3,000 units—$8,000. Can you compute the fixed overhead application rate for this company?

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