Company makes a single product and apples overhead on the basis of direct labor hours. The company's condensed flexible budget for manufacturing overhead is given below: Direct Labor Hours 24,000 30,000 36,000 Variable Overhead Costs $48,000 $60,000 $72,000 Fixed Overhead Costs $180,000 $180,000 $180,000 Total Overhead Costs $228,000 $240,000 $252,000 The company's product requires 4 feet of direct material that has standard cost of $3 per foot. The product requires 1.5 hours of direct labor time. The standard labor rate is $12 per hour. During the year, the company planned to operate at a denominator activity level of 30,000 direct labor hours and to produce 20,000 units of product. Actual activity and costs for the year were as follows: Number of units produced 22,000 Actual direct labor hours worked 35,000 Actual variable overhead costs $63,000 Actual food overhead costs $181,000 What was the predetermined overhead raw for the year? Fixed component ________ Variable component ________ Complete the following Manufacturing Overhead T-account for the year: Was overhead over or under applied for the year? ________ What was the variable overhead spending variance? ________ F U What was the volume variance? ________ F U Suppose the company had chosen 36,000 direct labor hours as the denominator activity rather than 30,000 hours. Which, if any, of the variances would have changed