Sedona Company set the following standard costs for one unit of its product for 2015. Direct material (20 Ibs. @ $3.20 per Ib.) $ 64.00 Direct labor (10 hrs. @ $8.30 per hr.) 83.00 Factory variable overhead (10 hrs. @ $4.70 per hr.) 47.00 Factory fixed overhead (10 hrs. @ $2.30 per hr.) 23.00 Standard cost $ 217.00 The $7.00 ($4.70 + $2.30) total overhead rate per direct labor hour is based on an expected operating level equal to 60% of the factory's capacity of 57,000 units per month. The following monthly flexible budget information is also available. Operating Levels (% of capacity) Flexible Budget 55% 60% 65% Budgeted output (units) 31,350 34,200 37,050 Budgeted labor (standard hours) 313,500 342,000 370,500 Budgeted overhead (dollars) Variable overhead $ 1,473,450 $ 1,607,400 $ 1,741,350 Fixed overhead 786,600 786,600 786,600 Total overhead $ 2,260,050 $ 2,394,000 $ 2,527,950 During the current month, the company operated at 55% of capacity, employees worked 295,000 hours, and the following actual overhead costs were incurred. (Do not round intermediate calculations. Round "OH costs per hour" to 2 decimal places.) Variable overhead costs $ 1,411,000 Fixed overhead costs 858,050 Total overhead costs $ 2,269,050

Sedona Company set the following standard costs for one unit of its product for 2015. Direct material (20 lbs. $3.20 per lb.) Direct labor (10 hrs. $8.30 per hr.) Factory variable overhead (10 hrs. @$4.70 per hr.) Factory fixed overhead (10 hrs. $2.30 per hr.) S 64.00 83.00 47.00 23.00 Standard cost 217.00 The $7.00 (4.70S2.30) total overhead rate per direct labor hour is based on an expected operating level equal to 60% of the factory's capacity of 57,000 units per month. The following monthly flexible budget information is also available Operating Levels (% of capacity) Flexible Budget Budgeted output (units) Budgeted labor (standard hours) Budgeted overhead (dollars) 55% 60% 65% 31,350 313,500 34,200 342,000 37,050 370,500 Variable overhead Fixed overhead $ 1,473,450 1,607,400 1,741,350 786,600 786,600 786,600 Total overhead S 2,260,050 2,394,000 2,527,950 During the current month, the company operated at 55% of capacity, employees worked 295,000 hours, and the following actual overhead costs were incurred. (Do not round intermediate calculations. Round .'?? costs per hour" to 2 decimal places.) Variable overhead costs Fixed overhead costs $1,411,000 858,050 Total overhead costs $2,269,050 (1) Compute the predetermined overhead application rate per hour for variable overhead, fixed overhead, and total overhead at 60% of ?? Predetermined OH rate Variable overhead costs Fixed overhead costs Total overhead costs (2) Compute the total variable and total fixed overhead variances At 55% of operating capacity- Standard DL Hours Overhead costsActual results Variance Fav./Unf applied Variable overhead costs Fixed overhead costs Total overhead costs