Direct materials 5 lbs. per unit $2.00 per lb. Direct labor 0.75 DL hrs. per unit $18.00 per DL hr. Variable overhead 0.75 DL hrs. per unit $3.00 per DL hr. Fixed overhead 0.75 DL hrs. per unit $4.00 per DL hr. The fixed overhead rate was based on budgeted production of 54,000 units. The actual results for the year were as follows. Units produced 53,000 units Direct materials purchased 274,000 lbs. at $2.50 per lb. Direct materials used 270,300 lbs. Direct labor 40,100 DL hrs. at $17.95 per DL hr. Variable overhead $122,000 Fixed overhead $161,700