Privack Corporation hos 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: 1. Compute the predetermined overhead rate for the year. Be sure to include the total budgeted fixed overhead and the total budgeted variable overhead in the numerator of your rate. (Round your answer to the nearest whole dollar amount.) 2. Compute the amount of overhead that would be applied to the output of the period. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Complete this question by entering your answers in the tabs below. Using 26,000 direct laborhours as the denominator octivity, compute the predetermined overhead rate and break it down into variable and fored elements. (Round your answers to 2 decimalploces.) requireo: 1. Compute the predetermined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 2. Compute the standard hours allowed for the actual proctuction. 3. Compute the variable overtsead rate and efficiency variances and the foxed overhead budget and volume variances. (Indicate the effect of each variance by selecting "F" for favorable, "U* for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Round your intermediate calculations and final answers to 2 decimal places.) Lasser Company plans to produce 13,000 units next period at a denominator activity of 26,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the standard material cost is $9.20 per yard. The company's budget includes variable manufacturing overhead cost of $2.00 per direct labor-hour and fixed manufacturing overhead of $140,400 per period. Required: 1. Using 26,000 direct labor-hours as the denominator activity; compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using 26,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. (Round vour answers to 2 decimal places.) Norwail Company's budgeted variable manutactuing overhead cost is $1,95 per machine-hour and its budgeted fixed manufacturing overhead is $36,036 per month. The following information is ovalibble for a recent month: a. The denominator activity of 18,480 machinctiours is used to compute the predetermined overhead rate. b. At a denominator activity of 18,480 machine-hours, the company should produce 6,600 units of product. c. The company's actual operating results were: Fequirea: 1. Compute the predeterinined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 2. Compute the standard hours allowed for the actual production. 3. Compute the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. (Indicate the Privack Corporation hos 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: 1. Compute the predetermined overhead rate for the year. Be sure to include the total budgeted fixed overhead and the total budgeted variable overhead in the numerator of your rate. (Round your answer to the nearest whole dollar amount.) 2. Compute the amount of overhead that would be applied to the output of the period. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Complete this question by entering your answers in the tabs below. Using 26,000 direct laborhours as the denominator octivity, compute the predetermined overhead rate and break it down into variable and fored elements. (Round your answers to 2 decimalploces.) requireo: 1. Compute the predetermined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 2. Compute the standard hours allowed for the actual proctuction. 3. Compute the variable overtsead rate and efficiency variances and the foxed overhead budget and volume variances. (Indicate the effect of each variance by selecting "F" for favorable, "U* for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Round your intermediate calculations and final answers to 2 decimal places.) Lasser Company plans to produce 13,000 units next period at a denominator activity of 26,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the standard material cost is $9.20 per yard. The company's budget includes variable manufacturing overhead cost of $2.00 per direct labor-hour and fixed manufacturing overhead of $140,400 per period. Required: 1. Using 26,000 direct labor-hours as the denominator activity; compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using 26,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. (Round vour answers to 2 decimal places.) Norwail Company's budgeted variable manutactuing overhead cost is $1,95 per machine-hour and its budgeted fixed manufacturing overhead is $36,036 per month. The following information is ovalibble for a recent month: a. The denominator activity of 18,480 machinctiours is used to compute the predetermined overhead rate. b. At a denominator activity of 18,480 machine-hours, the company should produce 6,600 units of product. c. The company's actual operating results were: Fequirea: 1. Compute the predeterinined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 2. Compute the standard hours allowed for the actual production. 3. Compute the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. (Indicate the
