Chilczuk, SA, of Gdansk, Poland, is a major producer of classic Polish sausage. The company uses a standard cost system to help control costs. Manufacturing overhead is applied to production on the basis of standard direct labor-hours. According to the company's planning budget, the following manufacturing overhead costs should be incurred at an activity level of 30,000 labor-hours (the denominator activity level): Variable manufacturing overhead cost Fixed manufacturing overhead coat Total manufacturing overhead cost $ 172,500 232,500 $ 405,000 During the most recent year, the following operating results were recorded: 27.000 28,0 Activity: Actual labor-hours worked Standard Labor-hours allowed for the actual output Cost Actual variable manufacturing overhead cost incurred Actual fixed manufacturing overhead coat incurred $ 199,800 $ 210.000 At the end of the year, the company's Manufacturing Overhead account contained the following data: Actual Manufacturing Overhead 409,800 Applied 31,800 378,000 Management would like to determine the cause of the $31,800 underapplied overhead. Required: 1. Compute the predetermined overhead rate. Break the rate down into variable and fixed cost elements. 2. Show how the $378,000 Applied figure in the Manufacturing Overhead account was computed. 3. Breakdown the $31,800 underapplied overhead into four components: (1) variable overhead rate variance, (2) variable overhead efficiency variance. (3) fixed overhead budget variance, and (4) fixed overhead volume variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the predetermined overhead rate. Break the rate down into variable and fixed cost elements. (Round your answers to 2 decimal places.) Predetermined overhead rate Variable element Fugd element per hour per hour per hour (Required 1 Required 2 > Management would like to determine the cause of the $31,800 underapplied overhead, Required: 1. Compute the predetermined overhead rate. Break the rate down into variable and fixed cost elements. 2. Show how the $378,000 Applied figure in the Manufacturing Overhead account was computed. 3. Breakdown the $31,800 underapplied overhead into four components: (1) variable overhead rate variance. (2) variable overhead efficiency variance, (3) fixed overhead budget variance, and (4) fixed overhead volume variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Show how the $378,000 Applied figure in the Manufacturing Overhead account was computed. (Round your per hour value to 2 decimal places.) per hour Required: 1. Compute the predetermined overhead rate. Break the rate down into variable and fixed cost elements. 2. Show how the $378,000 Applied figure in the Manufacturing Overhead account was computed. 3. Breakdown the $31,800 underapplied overhead into four components: (1) variable overhead rate variance, (2) variable overhead efficiency variance. (3) fixed overhead budget variance, and (4) fixed overhead volume variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Breakdown the $31,800 underapplied overhead into four components: (1) variable overhead rate variance (2) variable overhead efficiency variance, (3) fixed overhead budget variance, and (4) fixed overhead volume variance. (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance), Input all amounts as positive values.) Show less Variable overhead: Rate variance Efficiency variance Fixed overhead Budget variance Volume variance 02