The Stickly Lollipop Corporation uses standard costs in a process cost accumulation system. Below is listed selected standard cost information for the month of January:

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Direct materials (2 gallons per carton). Direct labor (1 hour per carton). Budgeted factory overhead at a normal capacity of 120,000 direct labor hours: Variable Fixed.. $.36 per gallon $8.00 per hour $60,000 $90,000