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Lasser Company plans to produce 17,000 units pext period at a denominator activity of 34,000 d t labor-hours. The direct labor wage rate is $11.00

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Lasser Company plans to produce 17,000 units pext period at a denominator activity of 34,000 d t labor-hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each of product; the material costs $7.90 per yard. The company's budget Includes variable manufacturing overhead cost of $2.10 per wirect labor-hour and fixed manufacturing overhead of $180,200 per period. Required: 1. Using 34,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using 34,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. (Round your answers to 2 decimal places.) per DLH Predetermined overhead rate Variable element Fixed element per DLH por DLH Required 2 > 2. Complete the standard cost card below for one unit of product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the standard cost card below for one unit of product: (Except standard hours, round your intermediate calculations and final answers to 2 decimal places.) (2) (1) x (2) Inputs Standard Price or Standard Rate Cost Standard Quantity or Hours 2 yards hours $7.90 $ 15.80 per yard per hour Direct materials Direct labor Variable manufacturing Overhead Fixed manufacturing overhead Total standard cost per unit hours per hour hours per hour

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