Standard Cost Sheet Plastic tubin meters Fabric s uare meters Paddin kilo rams Direct labor hours Total standard cost Quant 7 7 5 2 Price $ 4.60 $ 5.25 $ 4.75 $ 18.00 Total $32.20 $36.75 $23.75 $36.00 $128.70 Actual Costs Incurred for 500 Chairs Produced Plastic tubin meters Fabric s uare meters Paddin kilo rams Direct labor hours Total cost for 500 Chairs Actual Quanti 3,550 3,600 2,575 900 Total Cost $16,259 $18,720 $12,360 $16,200 $63,539