Hickman & Reid manufactures hand-sewn silk ties. The company applies overhead using direct labor hours as the application base. The direct labor quantity standard for making a tie is 6 minutes. The company estimates overhead to be $2,250,000 for the coming year, based on production of 1,500,000 ties. The standard overhead cost per tie is $9.00 $8.00 $6.00 $1.50 Overhead is typically divided into which of the following components? Product and period Direct and Indirect. Fixed and variable, Controllable and non-controllable