Chillco Corporation produces containers of frozen food. During April, Chillco produced 735 cases of food and incurred the following actual costs. Variable overhead Fixed overhead Actual labor cost (6,000 direct-labor hours) Actual material cost (15,500 pounds purchased and used) $ 5,900 36,600 110,400 40,300 Overhead is budgeted and applied using direct-labor hours in a standard costing system. Standard cost and annual budget information are as follows: Standard Costs per Case Direct labor (8 hours at $18 per hour) Direct material (20 pounds at $2.40 per pound) Variable overhead (8 direct-labor hours at $1.50 per hour) Fixed overhead (8 direct-labor hours at $3 per hour) Total $144.00 48.00 12.00 24.00 $228.00 Annual Budget Information Variable overhead Fixed overhead $120,000 $240,000 Planned activity for year 80,000 direct-labor hours