Blossom Company is planning to produce 1,000 units of product in 2022. Each unit requires 10 pounds of materials at $4.0 per pound and a half-hour of labor at $12 per hour. The overhead rate is 40% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials $ Direct labor $ Overhead $ (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places 3.275) Standard cost Per Unit Labor data for making one gallon of finished product in Donna Company are as follows. (1) Price--hourly wage rate $18.00, payroll taxes $0.50, and fringe benefits $1.30. (2) Quantity-actual production time 1.6 hours, rest periods and cleanup 0,30 hours and setup and downtime 0.20 hours Compute the following. (Round answers to 2 decimal places, eg. 1.25.) (a) Standard direct labor rate per hour. (b) Standard direct labor hours per gallon hours (c) Standard labor cost per gallon