a) compute the predetermined variable overhead rate and the predetermined fixed overhead rate

b) compute the applied overhead for Byrd for the year

c) compute the total overhead variance

Chapter 25 Homework Exercise 2 (Part Level Submission) Byrd Co produces one product, a putter called GO-Putter Byrd uses a standard cost syste nd determines that sh ould take one hour of di rect labor to produce one GO-Putter The normal mpa production capacity for this putter is 105,000 units per year. The total budgeted overhead at normal capacity is 945,000 comprised of S 367,500 of variable costs and 577,500 of fixed costs. Byrd applies overhead he basis of direct labor During the current year Byrd produced 72,600 putters, worked 86,400 direct labor hours, and incurred variable overhead costs of 196,020 and fixed overhead costs of 602,400 Problem 23 Bart (a) Compute the predetermined variable overhead rate and the predetermined fixed overhead rate. (Round answers to 2 decimal places, e.g. 2.75.) Study objective Predetermined Overhead Rate EXERCISE Attempts: o of 3 used SAvt FOR LATOR SUBMTT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above