ES Question 12 Sheridan Company expects direct materials cost of $1 per unit for 150000 units (a total of $600000 of direct materials costs). Sheridan's standard direct materials cost and budgeted direct materials cost is Standard Budgeted $4 per unit $4 per unit $600000 per year $4 per unit $600000 per year $600000 per year $4 per unit $600000 per year Ali In Chw Work for this question Open Show Work Question 14 Sheridan's standard quantities for 1 unit of product indude 5 pounds of materials and 0.5 labor hours. The standard rates are $2 per pound and $3 per hour. The standard overhead rate is $4 per direct labor hour. The total standard cost of Sheridan's product is O $11.50 O $13.50 O $3.50. O $9.00 Click if you would like to show Work for this question Open Show Work