eBook Show Me How Calculator Budget Performance Report Genie in a Bottle Company (GBc) manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 are as follows wo-liter bottles Standard Cost per 100 Two-Liter Bottles $2.00 Cost Category Direct labor Direct materials Factory overhead 9.10 0.55 Total $11.65 ) At the beginning of July, GBC management planned to produce 400,000 bottles. The actual number of bottles produced for July was 406,000 bottles. The actual costs for July of the current year were as follows: Actual Cost for the Cost Category Month Ended July 31 Direct labor Direct materials Factory overhead $7,540 35,750 2,680 $45,970 Total 231 PM 3/15/2018 4 oa xB DOLL