Check my work Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 lbs. $2.50 per Ib.) Direct labor (20 hrs. @ $4.60 per hr.) Variable overhead (20 hrs. $2.50 per hr.) Fixed overhead (20 hrs. $1.10 per hr.) Total standard cost $ 75.00 92.00 50.00 22.00 $239.00 The $3.60 ($2.50 + $1.10) total overhead rate per direct labor hour is based on an expected operating level equal to 65% of the factory's capacity of 60,000 units per month. The following monthly flexible budget information is also available. Flexible Budget Budgeted output (units) Budgeted labor (standard hours) Budgeted overhead (dollars) Variable overhead Fixed overhead Total overhead Operating levels of el paeity) 601 650 700 36,000 39,000 42,000 720,000 780,000 840,000 $1,800,000 $1,950,000 $2,100,000 858,000 858,000 858,000 $2,658,000 $2,800,000 $2,958,000 During the current month, the company operated at 60% of capacity, employees worked 690,000 hours, and the following actual overhead costs were incurred. FARAR