Norwall Company's variable manufacturing overhead should be $1.25 per standard machine-hour and its fixed manufacturing overhead should be $31,102 per month. The following information is available for a recent month: a. The denominator activity of 9,570 machine-hours is used to compute the predetermined overhead rate. b. At the 9,570 standard machine-hours level of activity, the company should produce 3,300 units of product. c. The companys actual operating results were: Number of units produced 4,570 Actual machine-hours 10,090 Actual variable manufacturing overhead cost $ 14,126 Actual fixed manufacturing overhead cost $ 35,300

1. Compute the predetermined overhead rate and break it down into variable and fixed cost elements.

2.Compute the standard hours allowed for the actual production.

3.Compute the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances.