World Company expects to operate at 90% of its productive capacity of 30,000 units per month. At this planned level, the company expects to use 10,800 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.400 direct labor hour per unit. At the 90% capacity level, the total budgeted cost includes $21,600 fixed overhead cost and $194,400 variable overhead cost. In the current month, the company incurred $120,700 actual overhead and 6,380 actual labor hours while producing 14,400 units. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. 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 rato Variable overhead costs Fixed overhead costs Total overhead costs (2) Compute the total overhead variance Standard DL Hours Actual production 14,400 units Overhead coats Actual results applied Varianco Fav Und Variable overhead costs Fixed overhead costs Total overhead costs $