Dirickson Inc. has provided is applied to products on the basis of direct labor-hours. the following data concerning one of the products in ts standard cost system. Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 7.6 ounces Direct materials Direct labor Variable manufacturing overhead Standard Price or Rate $ 9.40 per ounce $18.00 per hour $ 5.30 per hour 0.10 hours 0.10 hours The company has reported the following actual results for the product for July Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 7,600 units 63,000 ounces $541,800 57,758 ounces 820 hours s 16,072 s 4,592 Dirickson Inc. has provided is applied to products on the basis of direct labor-hours. the following data concerning one of the products in ts standard cost system. Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 7.6 ounces Direct materials Direct labor Variable manufacturing overhead Standard Price or Rate $ 9.40 per ounce $18.00 per hour $ 5.30 per hour 0.10 hours 0.10 hours The company has reported the following actual results for the product for July Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 7,600 units 63,000 ounces $541,800 57,758 ounces 820 hours s 16,072 s 4,592