Lasser Company plans to produce 28,000 units next period at a denominator activity of 56,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the standard materia cost is $8.30 per yard. The company's budget includes variable manufacturing overhead cost of $2.30 per direct labor-hour and fixed manufacturing overhead of $291,200 per period. Required: 1. Using 56,000 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. Using 56,000 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.) 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.)