Budgeted variable costs per unit: Direct materials $ 7.00 Direct labor 10.00 1.00 Supplies Indirect labor 0.50 Power 0.05 Budgeted fixed overhead for the current year: Supervision Depreciation $4,000 3,000 2,000 Rent What are the budgeted costs for direct labor if 5,000 units were produced? O $50,000 O $9,000 O $35,000 O $4,000 Sales $1,230,000 Selling and administrative expenses Direct materials used 210,000 264,000 Direct labor 400,000 Factory overhead * 405,000 *Variable overhead is $205,000, fixed overhead is $200,000 Inventories July 1 $36,000 Direct materials July 31 $42,000 84,000 75,000 Work in process Finished goods 69,000 57,000 The conversion cost is O $400,000 O $1,069,000 O $805,000 O $664,000