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Lasser Company plans to produce 27,000 units next period at a denominator activity of 81,000 direct labor-hours. The direct labor wage rate is $11.00 per

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Lasser Company plans to produce 27,000 units next period at a denominator activity of 81,000 direct labor-hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $7.90 per yard. The company's budget includes variable manufacturing overthead cost of $2.30 per direct labor-hour and fixed manufacturing overhead of $502,200 per pertod. Requlred: 1. Using 81,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into varlable 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 81,000 direct labor-hours as the denominator activity, comipute the predetermined overhead rate and break it down into variable and fixed elements. (Round your answers to 2 decimal plces.) Predetermined overhead per DLH rate Variable element per DLH Fixed element per DLH Lasser Company plans to produce 27,000 units next pertod at a denominator activity of 81,000 direct labor-hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product, the matertal costs $7.90 per yard. The company's budget Includes vartable manufacturing overhead cost of $2.30 per direct labor-hour and fixed manufacturing overhead of $502,200 per pertod. Required: 1. Using 81,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into varlable and fixd elememts 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.) (3) (2) NA2) Standard Quantity or Hours Standard Price or Standard Cost Inputs Rate 2 yards S 7.00 per yard Direct materials S 15.80 Direct labor hours per hour hours per hour Variable manufacturing overhead Fixed manufacturing overhead hours per hour Total standard cost per unit

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