Privack Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below:

Variable overhead cost per direct labor-hour	$3.50
Total fixed overhead cost per year	$622,500
Budgeted standard direct labor-hours (denominator level of activity)	59,286
Actual direct labor-hours	83,000
Standard direct labor-hours allowed for the actual output	82,000

Required:

1.

Compute the predetermined overhead rate for the year. (Round your answers to the nearest whole number.)

Total fixed ouverhead cost per year

Total variable ouverhead cost

Total overhead coost at the denominator level of activity

Budgeted standard direct labor-hours

Predetemined overhead rate

2.	Determine the amount of overhead that would be applied to the output of the period. (Round your answers to the nearest whole number.) Standard direct labor-hours allowed for the actual output Predetermined overhead rate overhead applied