Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Standard Quantity 1.60 lbs.S 1.70 per lb. 1.60 hrs.$14.00 per hr. (Rate) Direct materials (clay) Direct labor Variable manufacturing overhead (based on1.60 hrs. Unit Cost 2.72 22.40 direct labor hours) s 1.20 per hr. 1.92 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 solod 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 S 365,120 175,000 $2,975,000 S 250,000 $330,000