Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows Standard Quantity 60 lbs.1.70 per lb 1.60 hrs. $14.00 per hr Standard Price Standard Rate) Unit Cost $ 2.72 22.40 1.92 Direct materials (clay) Direct labor Variable manufacturing overhead (based on 60 hrs.1.20 per hr direct labor hours) Fixed manufacturing overhead ($312,500.00+ 2.50 125,000.00 units) Barley Hopp had the following actual results last year: Number of units produced and sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 130,000 228,200 $ 365,120 175,000 $2,975,000 $ 250,000 $ 330,000