Cinturon Corporation produces high-quality leather belts. The company's plant in Boise uses a standard costing system and has set the following standards for materialt and iabor During the first month of the year, the Boise plant produced 92,000 belts. Actual leather purchased was 287,500 strips at 14,20 per strip. There were no begining or ending inventories of leather. Actual direct labor was 80,000 hours at $18.50 per hour. Required