I need help with this problem, I need an explanation and help with the answers

Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. The normal production capacity for this putter is115,000units per year. The total budgeted overhead at normal capacity is $747,500comprised of $230,000of variable costs and $517,500of fixed costs. Byrd applies overhead on the basis of direct labor hours.

During the current year, Byrd produced81,600putters, worked95,000direct labor hours, and incurred variable overhead costs of $132,600and fixed overhead costs of $478,400.

(a)

Compute the predetermined variable overhead rate and the predetermined fixed overhead rate.