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2 A manufacturer's product uses standard quantities and costs as follows: Direct materials. 5 pounds at $37 per pound, direct labor. ? hours at $42

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2 A manufacturer's product uses standard quantities and costs as follows: Direct materials. 5 pounds at $37 per pound, direct labor. ? hours at $42 per hour; and overhead. (based on 2 direct labor hours) at $14 per direct labor hour. Actual results follow Actual Results Direct materials 4, 253 pounds $ $32 per pound Direct labor 1,503 hours @ $16 per hour Overhead 01.15 51 $ 19,703 Units manufactured 872 units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute standard cost per unit and prepare a standard cost card. Drect materials Direct labor Overhead Total Required 2 >

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