World Company expects to operate at 60% of its productive capacity of 32,000 units per month. At this planned level, the company expects to use 9,600 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.500 direct labor hours per unit. At the 60% capacity level, the total budgeted cost includes $28,800 fixed overhead cost and $86,400 variable overhead cost. In the current month, the company incurred $95,800 actual overhead and 9,340 actual labor hours while producing 15,300 units. (Do not round intermediate calculations. Round "OH costs per DL hour" to 2 decimal places.) (1) Compute the predetermined standard overhead rate for total overhead. Predetermined OH rate Variable overhead costs Fixed overhead costs Total overhead costs (2) Compute the total overhead variance. Actual production 15,300 units- Standard Overhead Actual DL Hours costs applied results Variance Fav./Unf. Variable overhead costs Fixed overhead costs Total overhead costs nfavorable