Baird Publications established the following standard price and costs for a hardcover picture book that the company produces Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Planned fixed costs Manufacturing overhead Selling, general, and administrative costs Selling, general, and administrative $ 37.00 8.10 3.70 6.00 6.40 $129,000 51,000 Assume that Baird actually produced and sold 39,000 books. The actual sales price and costs incurred follow Actual price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs. Actual fixed costs Manufacturing overhead. Selline Beneral and administrative $36.00 8.30 3.60 6.05 6.20 $114,000 57 M