Flandro Company uses a standard cost system and sets its predetermined overhead rate on the basis of direct labor-hours. The following data are taken from the company's planning budget for the current year: Denominator activity (direct labor-hours) Variable manufacturing overhead cost Fixed manufacturing overhead cost 18,000 $ 50,406e $165,600e The standard cost card for the company's only product is given below: Standard Quantity or Hours 4 yards $1.60 per yard 2 hours $ 8.00 per hour 2 hours Standard Price or Rate Standard Cost Inputs Direct materials Direct labor Manufacturing overhead Total standard cost per unit $ 6.40 16.00 24.00 12.00 per hour $ 46.40 During the year, the company produced 9,360 units of product and incurred the following actual results Materials purchased, 59,400 yards at $1.55 per yard Materials used in production (in yards) Direct labor cost incurred, 19,000 hours at $7.70 per hour Variable manufacturing overhead cost incurred Fixed manufacturing overhead cost incurred $ 92,070 38,600 $146,300 $ 50,000 112,100