Jordan Publications established the following standard price and costs for a hardcover picture book that the company produces Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs $ 36.60 8.10 4.20 6.10 6.60 Planned fixed costs Manufacturing overhead Selling, general, and administrative $128,000 45,000 Assume that Jordan actually produced and sold 22,000 books. The actual sales price and costs incurred follow: Actual price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs $ 35.60 8.30 4.10 6.15 6.40 Actual fixed costs Manufacturing overhead Selling, general, and administrative $113,000 51,000