Becton Labs, Inc. produces various chemical compounds for industrial use. On is prepared using an elaborate distilling pro of Fludex, as follows: e compound, called Fludex pared using an elaborate distilling process. The company has developed standard costs for one unit Standard Price or Rate $29.00 per ounce $12.00 per hour S 3.50 per hour Standard Standard Quantity Cost Direct materials Direct labor Variable manufacturing overhead 2.60 ounces 0.60 hours 0.60 hours $ 75.40 7.20 2.10 $ 84.70 During November, the following activity was recorded relative to production of Fludex a. Materials purchased, 14,000 ounces at a cost of $388,500 b. There was no beginning inventory of materials: however, at the end of the month, 2.950 ounces of material remained in ending inventory c. The company employs hab te chniciars to ework of she production of Fludex. During November, they d. Variable manufacturing overhead is assigned to Fludex on the basis of direct labor-hours. Variable manufacturing overhead costs during November totaled $5,500 e. During November, 4,200 good units of Fludex were produced