A Question 20 ( 6 points) Retake question Franklin Glass Works uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor-hours. Each unit requires two standard hours of labor for completion. The budgeted activity for the year was based on budgeted production of 200,000 units. Total overhead was budgeted at $900,000 for the year, and the fixed overhead rate was $3.00 per unit. The actual data pertaining to the manufacturing overhead for the year are presented below: Compute variable overhead applied to production for the year. Example of Answer: 4000 (No comma, space, decimal point, or $ sign) Compute the fixed overhead applied to production for the year. Example of Answer: 4000 (No comma, space, decimal point, or $ sign)