Flexible Budgeting and Variance Analysis I Love My Chocolate Company makes dark chocolate and light chocolate. Both products require cocoa and sugar. The following planning information has been made available Standard Amount per Case Dark Light Pound Chocolate 10 lbs. 8 lbs. 0.4 hr. Chocolate 7 lbs. 2 lbs. $4.80 0.60 Sugar Standard labor 0.5 hr Dark Chocolate 4,500 cases $15.50 per h Planned 10,900 cases Standard labor rate $15.50 per hr