Help Save & Ch Trico Company set the following standard unit costs for its single product Direct materials (30 Ibs. $4.90 per Ib.) Direct labor (4 hrs. $16 per hr.) Factory overhead-variable (4 hrs. $6 per hr.) Factory overhead-fixed (4 hrs. e $10 per hr.) Total standard cost $147.00 64.00 24.00 40.00 $275.00 The predetermine 53,000 units per quarter. The following flexible budget information is available. d overhead rate is based on a planned operating volume of 80% of the productive capacity of Operating Levela Production in units Standard direct labor hours Budgeted overhead 808 42,400 148, 400169,600190,800 70% 37,100 90% 47,700 Fixed factory overhead Variable factory overhead $1,696,000 $1,696,000 $1,696,000 890,400 $1,017,600 $1,144,800 During the current quarter, the company operated at 90% of capacity and produced 47,700 units of product, actual direct labor totaled 185,800 hours. Units produced were assigned the following standard costs. Direct materials (1,431,000 Ibs. e $4.90 per Ib.) Direct labor (190,800 hrs. e $16 per hr.) Factory overhead (190,800 hrs. $16 per hr.) 3,052,800 Total standard cost s 7,011,900 3, 052, Bo0 $13,117,500