2.) Babylon Furniture manufactures sofa sets and seats. The company uses a standard cost accounting system. In June 2022,15,700 seats were made. The following standard and actual cost data applied to the month of June when the nomal capacity was 20,000 direct labor hours. All materials purchased were used in production. Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $126,000, and budgeted variable overhead costs were $60,000