Gillis Co. set the following standard for one unit of its product for 2015. The $5.60 ($4.00 + $1.60) total overhead rate per direct labor hour is based on an expected operating level equal to 75% of the factory's capacity of 50,000 units per month. The following monthly flexible budget information is also available. During the current monthly, the company operated at 70% capacity, employees worked 340,000 hours and the following actual overhead costs were incurred