4 Exercise 23-19 Computing total overhead rate and total overhead varlance LO P4 5 points World Company expects to operate at 60% of its productive capacity of 28,000 units per month. At this planned level, the company expects to use 7,560 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.450 direct labor hour per unit. At the 60% capacity level, the total budgeted cost includes $22,680 fixed overhead cost and $60,480 variable overhead cost. In the current month, the company incurred $63,920 actual overhead and 7,130 actual labor hours while producing 11.600 units. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no variance. Do not round Intermediate calculations. Round "OH costs per DL hour" to 2 decimal places.) look Hindi (1) Compute the predetermined standard overhead rate for total overhead. Predetermined OH rate Variable overhead costs Find overhead co Total overhead costs Print (2) Compute the total overhead variance . References Actual production 11.000 units - Overhead cost Actual results Variance Standard DL Hours Fawn rolled Variable overhead costs Fwd overhead con Total overhead $