Que Cut - Above processes bags of frozen organic vegetables sold at specialty grocery stores. Cut - Above allocates manufacturing overhead based on direct labour hours Out - Above has projected total overhead for the year to $1,530,000. Of this amount, 51,190,000 relates to feed overhead expenses. Cut - Above expects to process 340.000 cases of frozen organic vegetables this year. The direct labour standard for each case is 30 minutes Requirements 1. Compute the standard variable overhead rate 2. Compute the fixed overhead rate 3. Compute the standard total overhead rate 340,000 170,000 Requirement 2. Compute the fixed overhead rate Begin by determining the formula then compute the fored overhead rate Fored overhead Standard direct labour (hus) Standard feed overhead rate $ 1.190,000 170,000 Requirement 3. Compute the standard total overhead rate The standard total overhead rate is $