Please make it readable. it keeps getting cut off on the sides. I need to see all of it.

Problem 10A-8 (Algo) Applying Overhead; Overhead Variances (LO10-3, LO10-4) Lane Company manufactures a single product that requires a great deal of hand labor Overhead cost is applied on the basis of standard direct labor-hours. The budgeted variable manufacturing overhead is $3 20 per direct labor hour and the budgeted fixed manufacturing overhead is $864,000 per year The standard quantity of materials is 4 pounds per unit and the standard cost is $6.00 per pound. The standard direct labor hours per unit is 15 hours and the standard labor rate is $1260 per hour, The company planned to operate at a denominator activity level of 120,000 direct labor hours and to produce 80.000 units of product during the most recent year. Actual activity and costs for the year were as follows Actual number of unit produced Actual direct labor-hours worked Actual variable manufacturing overhead cont incurred Actual fixed manufacturing overhead coat incurred 96,000 156,000 $312,000 $ 936,000 Required: 1 Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements 2. Prepare a standard cost card for the company's product 3a Compute the standard direct labor-hours allowed for the year's production 3b Complete the following Manufacturing Overhead T account for the year 4. Determine the reason for any underapplied or overapplied overhead for the year by computing the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3A Reg 38 Req 4 efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed element answers to 2 decimal places.) Predetermined overhead rate Variable rate Fixed rate $ $ $ 10.40 per DLH 3.20 per DLH 720 per DLH R Req 2 > Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 Prepare a standard cost card for the company's product. (Round your answers to 2 decimal plac Direct materials $ 24.00 4.00 pounds at 1.50 DLHs at 1.50 DLHs at $ $ Direct labor Variable overhead $ 18.90 6.00 per pound 12.60 per DLH 3.20 per DLH 720 per DLH $ $ 4.80 Fixed overhead 1.50 DLHs at $ $ 10.80 $ 58.50 Standard cost per unit Required: 1. Compute the predetermined overhead rate for the year. Break the rate down into varial 2. Prepare a standard cost card for the company's product. 3a. Compute the standard direct labor-hours allowed for the year's production 3b. Complete the following Manufacturing Overhead T-account for the year. 4. Determine the reason for any underapplied or overapplied overhead for the year by co efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Reg 4 Complete the following Manufacturing Overhead T-account for the year. Manufacturing Overhead Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req Req 3B Req 4 Determine the reason for any underapplied or overapplied overhead for the year by ce efficiency variances and the fixed overhead budget and volume variances. (Indicate th for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input Variable overhead rate variance Variable overhead efficiency variance Fixed overhead budget variance Fixed overhead volume variance