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 Chocolate Light Chocolate Standard Price per Pound Cocoa 12 lbs. 8 lbs. $7.25 Sugar 10 lbs. 14 lbs. 1.40 Standard labor time i 0.50 hr. 0.60 hr. Planned production Dark Chocolate Light Chocolate 4,700 cases 11,000 cases $15.50 per hr. Standard labor rate $15.50 per hr. I Love My Chocolate Company does not expect there to be any beginning or ending inventories of cocoa or sugar. At the end of the budget year, I Love My Chocolate Company had the following actual results: Light Chocolate 10,000 Actual Pounds Purchased and Used Dark Chocolate Actual production (cases) 5,000 Actual Price per Pound Cocoa Sugar $7.33 140,300 1.35 188,000 Actual Labor Rate Actual Labor Hours Used Dark chocolate $15.25 per hr. 2,360 Light chocolate 15.80 per hr 6,120 Required: