Question 6 0.66/2 View Policies Show Attempt History Current Attempt In Progress Byrd Company produces one product, a putter called GO Putter. Byrd uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. The normal production capacity for this putter is 120,000 units per year. The total budgeted overhead at normal capacity is $840,000 comprised of $360,000 of variable costs and $480,000 of fored costs. Byrd applies overhead on the basis of direct labor hours. During the current year, Dyrd produced 67.000 putters, worked 98.700 direct labor hours, and incurred variable overhead costs of $152.250 and fed overhead costs of $556,000 ~ Your answer is correct Compute the predetermined variable overhead rate and the predetermined fixed overhead rate Variable Fixed Predetermined Overhead Rates eTextbook and Media Attempt 2 of 3 used Predetermined Overhead Rate $ e Textbook and Media Attempts: 2 of 3 used Compute the applied overhead for Byrd for the year. Overhead Applied $ e Textbook and Media Attempts:0 of 3 used Save for Later Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above