there are 5 parts to this question!

Saved Lane Company manufactures a single product that requires a great deal of hand labor Overhead cost is applied on the basis of standard direct labor-hours. The budgeted variable manufacturing overhead is $1,440000 per yeat manufacturing overhead is $4.00 per direct labor-hour and the budgeted fixed The standard quantity of materials is 4 pounds per unit and the standard cost is $8.00 per pound. The standard direct labor-hours per unit is 15 hours and the standard labor rate is $1300 per hour The company planned to operate at a denominator activity level of 180,000 direct labor-hours and to produce 120,000 units of product during the most recent year. Actual activity and costs for the year were as follows Actaal rumber of units prodaced Aetual direct labor-hours worked Aotoal variable nanufacturing overhead cost incurred 561,500 Actual tixed manufacturing overhead cost incurred1,638,0OD 234,000 Required: erences 1 Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements 2. Prepare a standard cost card for the company's product 3a. Compute the standard direct labor-hours allowed for the years production. 3b. Complete the following Manufacturing Overhead T-account for the year 4 Decermine the reason for the underapplied or overapplied overheed from (3) above by computing the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3AReq 38 Req 4 Compute the predetermined overhead rate for the year. Break the rate down into variable and foxed elements. (Round your answers to 2 decimal places.) per DLH Vaniable rate Fixed rate per DLH Req 2 > ule 11 ess....docx the company planned to operate at a denominator activity level of 180,000 direct labor-hours and to during the most recent year. Actual activity and costs for the year were as follows: produce 12 Actual number of units produced Actual direct labor-hours worked Actual variable manufacturing overhead cost incurred 561,600 Actual fixed manufacturing overhead cost incurred $1,638,000 144,000 234,000 Required: 1. Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements. 2. Prepare a standard cost card for the company's product 3a. Compute the standard direct labor-hours allowed for the year's production. 3b. Complete the following Manufacturing Overhead T-account for the year 4. Determine the reason for the underapplied or overapplied overhead from (3) above by computing the variable o efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3A Req 3B Req 4 Prepare a standard cost card for the company's product. (Round your answers to 2 decimal places.) Direct materials Direct labor Variable overhead Fixed overhead Standard cost per pounds at DLHs at DLHs at DLHs at per pound per DLH per DLH per DLH Req 1 Req 3A> Prev 11 ess....docx The company planned to operate at a denominator activity level of 180,000 direct labor-hours and to produce 120 during the most recent year. Actual activity and costs for the year were as follows: 144,000 234,000 Actual number of units produced Actual direct labor-hours worked Actual variable manufacturing overhead cost incurred 561,600 Actual fixed manufacturing overhead cost incurred 1,638,000 Required: nces 1.Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements 2. Prepare a standard cost card for the company's product 3a. Compute the standard direct labor-hours allowed for the year's production. 3b. Complete the following Manufacturing Overhead T-account for the year 4. Determine the reason for the underapplied or overapplied overhead from (3) above by computing the variable ove efficiency variances and the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below Req 1 Req 2Req 3A Req 3B Req 4 Compute the standard direct labor-hours allowed for the year's production. Req 2 Req 38 > odule 11 ess....docx A during the most recent year. Actual activity and costs for the year were as follows: Actual number of units produced 144,000 234,000 Actual direct labor-hours worked Actual variable manufacturing overhead cost incurred 561,600 Actual fixed manufacturing overhead cost incurred 1,638,000 1 Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements 2. Prepare a standard cost card for the company's product 3a. Compute the standard direct labor-hours allowed for the year's production. 3b. Complete the following Manufacturing Overhead T-account for the year. 4. Determine the reason for the underapplied or overapplied overhead from (3) above by computing the variable overhead rat efficiency variances and the fixed overhead budget and volume variances Complete this question by entering your answers in the tabs belovw Req Req 2 Req 3A Req 3BReq 4 Determine the reason for the underapplied or overapplied overhead from (3) above by computing the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Show less Vaniable overhead rate variance Variable overhead efficiency variance Fixed overhead budget variance Flxed overhead volume variance Req 3B Req 4 Prev7 of S 11 ess....docx