Sedona Company set the following standard costs for one unitof its product for 2015. Direct material (20 lbs. $3.20 per lb.) 64.00 Direct labor 10 hrs. $8.30 per hr.) 83.00 Factory variable overhead 10 hrs. $4.70 per hr.) 4700 Factory fixed overhead (10 hrs. $2.30 per hr.) 23.00 21700 Standard cost 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% 31,350 34,200 37,050 Budgeted output (units) Budgeted labor (standard hours 313,500 342,000 370,500 Budgeted overhead (dollars) 1,473,450 1,607,400 1,741,350 Variable overhead 786,600 Fixed overhead 786,600 786,600 2,260,050 2,394,000 2,527,950 Total overhead During the current month, the company operated at 55% of capacity, employees worked 295,000 hours, and the following actual overhead costs were incurred. 1,411,000 Variable overhead costs. Fixed overhead costs 858,050 $2,269,050 Total overhead costs