Check my work View previous attempt Flandro Company uses a standard cost system and sets its predetermined overhead rate on the basis of direct labor-hours. The following data are taken from the company's planning budget for the current year: Denominator activity (direct labor-hours) Variable manufacturing overhead cost Fixed manufacturing overhead cost 18,000 60,300 144,900 points Print The standard cost card for the company's only product is given below: References Standard Cost Standard Quantity or Hours 4 yards 2.15 per yard 2 hours 9.50 per hour 2 hours 11.40 per hour Standard Price or Rate Inputs Direct materials Direct labor Manufacturing overhead Total standard cost per unit 8.60 19.00 22.80 50.40 During the year, the company produced 9,360 units of product and incurred the following actual results: Materials purchased, 59,400 yards at $2.05 per yard Materials used in production (in yards) Direct labor cost incurred, 19,000 hours at $8.15 per hour 154,850 Variable manufacturing overhead cost incurred Pixed manufacturing overhead cost incurred 121,770 38,610 $ 59,650 $ 122,550