cinerowy Wicon dues Routersons un payu DUW. Sedona Company set the following standard costs for one unit of its product for this year Direct material (20 lbs. $2.10 per Ib.) Direct labor (hrs. $8.50 per hr.) Variable overhead (10.54.00 per hr.) Fixed overhead (10 hrs. si.sa per Total standard cost $ 42.00 85.00 40.00 18.00 $180.00 The $5,80 (54.00 - $1.80) total overhead rate per direct labor hour is based on an expected operating level equal of the factory's copacity of 70,000 units per month. The following monthly flexible budget information is also availab 71 operating Levels of capacity) 652 75% 45,500 49, ee 52,500 455,000 490,00 525,000 Flexible Budget Budgeted output (units) Budgeted labor (standard hours) Budgeted overhead (dollars) Variable overhead Fixed overhead Total overhead $1,82e, cee 582,000 $2,702,00 51,960,00 $32,000 $2,842,000 $2,100,000 $82,00 52,982,000 During the current month, the company operated at 65% of capacity, employees worked 435.000 hours, and the folic actual overhead costs were incurred Variable overhead costs Fixed overhead costs Total overhead costs $1,765,000 993, $2,703,00 (1) Compute the predetermined overhead application rate per hour for total overhead variable overhead, and fored overhead Predetermined OH Rote Variable overhead costs Fored overhead costs Total overhead costs (2) Compute the total variable and total fondoverhead variances and classy each as favorable or unfavorable (Indicate the effect of each variance by selecting for favorable, unfavorable and no vanance Round "Rate per hour answers to 2 decimal places AT 65% of Operating capacity Standard DL Actual Results Variance Applied Variable overhead costs Food overhead costs Total Overhead costs Overhead Coats Hours Fant