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Machine Builders Inc. adopted a standard cost system several years ago that it uses in conjunction with its process cost system. The per-unit standard costs

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Machine Builders Inc. adopted a standard cost system several years ago that it uses in conjunction with its process cost system. The per-unit standard costs for direct materials and direct labor for its single product are as follows: Material: (4.0 kilograma * $10.00 per kilogram) $40.00 Labor: (4.0 hours * $18.00 per hour) $72.00 All materials are issued at the beginning of processing. The operating data shown below were taken from the records for July In-process beginning inventory In-process ending inventory-908 complete as to labor Units completed during the month Budgeted output Purchases of materials, in kilograms (10) Total actual labor costs incurred Direct labor hours worked (10) Materials purchase-price variance Increase in materials inventory in July Beginning inventory of materials none 1,000 units 7,200 units 8,000 units 30,000 $525,000 28,000 hours $3,000 unfavorable 1,500 kilograma 0 kg. The actual total cost of direct materials used in production during July, to the nearest dolor, was

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