Exercise $8-7($Static$)$ Standard cost per unit, total budgeted cost, and total cost varlance LO P$2$

A manufactured product has the following information for August.

$\backslash$table$[[,$Standard Quantity and Cost,Actual Results$],[$Direct materials,$2$ pounds per unit @ $$2\mathrm{.}50$ per pound,$],[$Direct labor,$0\mathrm{.}5$ hour per unit @ $$16$ per DLH$,],[$Overhead$,$$$12$ per DLH$,12,000$ units$],[$Units manufactured,,$$225,400$