Assume that a company uses a standard cost system and applies overhead to production based on direct labor-hours. It provided the following excerpt from the standard cost card of its only product: Standard Standard Rate Standard Cost Hours per Fixed manufacturing overhead 2 hours $ 6.00 $ 12.00 hour During the most recent period, the following additional information was available: The total actual fixed overhead cost was $275,000. The budgeted amount of fixed overhead cost was $285,000. 46,000 direct labor-hours were actually used to produce 24,170 units. What is the standard hours allowed for the actual output? 45,833 hours 47,430 hours 48,340 hours 91,860 hours