[The following information applies to the questions displayed below.] Patel and Sons, Inc., uses a standard cost system to apply overhead costs to units produced. Practical capacity for the plant is defined as 54,000 machine hours per year, which represents 27,000 units of output. Annual budgeted fixed overhead costs are $270,000 and the budgeted variable overhead cost rate is $3.30 per unit. Factory overhead costs are applied on the basis of standard machine hours allowed for units produced. Budgeted and actual output for the year was 20,800 units, which took 43,000 machine hours. Actual fixed overhead costs for the year amounted to $263,600 while the actual variable overhead cost per unit was $3.20. e overhe chine