Inc. uses a standard cost system. The company reported the following data. Variable manufacturing overhead is applied to products on the basis of direct labor$-$hours.

Data regarding the company's standard cost and quantities are provided below.

$\backslash$table$[[,\backslash$table$[[$Standard quantity per$],[$unit$]],$Standard Price$/$Rate$],[$Direct materials,$7\mathrm{.}7$ ounces,$$7\mathrm{.}80$ per ounce$],[$Direct labor,$0\mathrm{.}4$ hours,$$38\mathrm{.}70$ per hour$],[\backslash$table$[[$Variable manufacturing$],[$overhead$]],0\mathrm{.}4$ hours,$$6\mathrm{.}10$ per hour$]]$

Below are the actual results for the most recent month of production.

$\backslash$table$[[$Actual results,$],[$Units produced,$7,750$ units$],[\backslash$table$[[$Raw material purchased and$],[$used$]],59,695$ ounces for $$429,804$