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 11 lb. 8 lb. $5.4 9 lb. 13 lb. 0.6 Sugar Standard labor 0.3 hr. 0.4 hr. time Planned production Standard labor rate Dark Chocolate Light Chocolate 4,900 cases $15.5 per hr. 10,600 cases $15.5 per hr. I Love My Chocolate 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: Actual production (cases) Dark Chocolate 4,700 Light Chocolate 11,000 Actual Price per Pound Actual Pounds Purchased and Used Cocoa Sugar Dark chocolate Light chocolate $5.5 140,400 0.55 180,700 Actual Labor Rate Actual Labor Hours Used $15.2 per hr. 1,280 15.8 per hr. 4,510