1. Littrell Company produces chairs and has determined the following direct and indirect cost categories and standard cost, based on a static budget of 5,000 units made and sold: Category Direct Materials Direct Manufacturing Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead so 1.00 lb 0.30 hr 0.50 MH 0.50 MH SP $7.50 9.00 3.00 10.00 Actual performance for the company is shown below: Actual output: (in units) 4.000 Direct Materials: Pounds purchased 4,100 Pounds used 3,900 Actual price per lb $7.75 Direct Manufacturing Labor: Labor-hours 1,240 Actual rate per hour $9.25 Variable Manufacturing Overhead: Machine-hours 2,100 Actual rate per hour $2.80 Fixed Manufacturing Overhead: Actual cost $24,550 Required: 1. What is the total flexable budget cost of production A. 100,200 B. 177,000 C. 95,200 D. 83500 1. Littrell Company produces chairs and has determined the following direct and indirect cost categories and standard cost, based on a static budget of 5,000 units made and sold: Category Direct Materials Direct Manufacturing Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead so 1.00 lb 0.30 hr 0.50 MH 0.50 MH SP $7.50 9.00 3.00 10.00 Actual performance for the company is shown below: Actual output: (in units) 4.000 Direct Materials: Pounds purchased 4,100 Pounds used 3,900 Actual price per lb $7.75 Direct Manufacturing Labor: Labor-hours 1,240 Actual rate per hour $9.25 Variable Manufacturing Overhead: Machine-hours 2,100 Actual rate per hour $2.80 Fixed Manufacturing Overhead: Actual cost $24,550 Required: 1. What is the total flexable budget cost of production A. 100,200 B. 177,000 C. 95,200 D. 83500