World Company expects to operate at 90% of its productive capacity of 28,000 units per month. At this planned level, the company expects to use 16,380 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.650 direct labor hours per unit. At the 90% capacity level, the total budgeted cost includes $32,760 fixed overhead cost and $147,420 variable overhead cost. In the current month, the company incurred $199,125 actual overhead and 15,950 actual labor hours while producing 27,500 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 27,500 units- Standard Overhead Actual DL Hours costs appliedresults VarianceFav./Unf Variable overhead costs Fixed overhead costs Total overhead costs