e following questions (#47, #48. #49, and #50) using the information below stries, Inc. (D) developed standard costs for direct material and direct labor. In 2010, Dil estimated the following standard costs for one of their major products, the 10-gallon plastic container Budgeted quantity. t materials t labor 0.10 pounds 0.05 hours Budgeted price $90.00 per pound $45.00 per hour Del produced and sold 10.000 containers using 980 pounds of direct materials at an average cost of $96.00 per pound and 500 direct manufacturing labor hours at an average wage of $45.75 per hour.