Following is budgeted and actual information for the operations of Sidewalk Inc. which reconstructs the sidewalks in NY. The city breaks the existing sidewalk and Sidewalk Inc. installs the new sidewalk. Units are measures as square feet. Direct materials are cement. The company expects to use 7 pounds of cement and 5 hours of labor for each square foot. The information pertains to the month of July.The company allocates both fixed and variable overhead based on direct labor hours.