#3, please and thank you!

o Ideal standards are difficult to meet. O Normal standards represent the level of activity that management expects to operate under. O Normal standards should be rigorous but attainable e Most companies operate under ideal standards. Question 3 2 pts Given the following standard cost information: Direct Material 2 pounds at $5 per pound per widget Direct Labor -5 hours at $10 per hour per widget Total Budgeted Variable Manufacuturing Overhead- $50,000 Total Budgeted Fixed Manufacturing Overhead-$100.000 Manufacturing overhead is applies based on direct labor hours. The companys normal capacity is 25,000 widgets. What is the standard cost of producing one widget? (e.g. $10) 4 pts DI Question 4 Wagner Company developed the following standard costs for its product for 2011: Direct Materials - 4 pounds at $4.50 per pound Direct Labor - 2 hours at $10.50 per hour Based on their flexible budget, budgeted Manufacturing Overhead costs are $80,998 ef