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 13.000 labor hours (the denominator activity level $ Variable manufacturing overhead cost Fixed manufacturing overhead cost Total manufacturing overhead cost 19,50 45. See 65,000 During the most recent year, the following operating results were recorded: DE le, 200 11.00 Activity: Actual labor-hours worked Standard labor-hours allowed for the actual output Cost: Actual variable manufacturing overhead cost incurred Actual fixed manufacturing overhead cost incurred 23, 35,750 At the end of the year, the company's Manufacturing Overhead account contained the following data ACTURE Manufacturing Overhead 58,70 Applied 55.30 Management would like to determine the cause of the $3,750 underappiled overhead. Required: 1 Compute the predetermined overhead Tate Break the rate down into variable and fixed cost elements 2. Snow how the $55.000 Appiled figure in the Manufacturing Overead account was computed 3 Breakdown the 53750 unde applied overhead into four components: (1) variable overend rate variance. (2valable overead efficiency variance (3) foxed overhead budget variance, and 4) xed overheid Volume Variance LUU UUUYLE VILE, do ned 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.) per hour Predetermined overhead rate Variable element Fixed element per hour Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Show how the $55,000 Applied figure in the Manufacturing Overhead account was computed. (Round your per hour value to 2 decimal places.) per hour cu une variance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Breakdown the $3,750 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 "F" for favorable, "U" for unfavorable, and "None for no effect (i... zero variance). Input all amounts as positive values.) Show less Variable overhead: Rate variance Efficiency variance Ficed overhead: Budget variance Volume variance