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 is $105,000$ units per year. The total

budgeted overhead at normal capacity is $$997,500$ comprised of $$367,500$ of variable costs and $$630,000$ of fixed costs. Byrd applies

overhead on the basis of direct labor hours.

During the current year, Byrd produced $70,100$ putters, worked $96,600$ direct labor hours, and incurred variable overhead costs of

$$133,190$ and fixed overhead costs of $$612,950.$

$($b$)$

Compute the applied overhead for Byrd for the year.

Overhead Applied

$