Marigold Company provided the following information about its standard costing system for $2022$:

$\backslash$table$[[$Standard Data,Actual Data,$],[$Materials$,10lbs$ @ $$4$ per lbs$.,$Produced,$4,080$ units,$],[$Labor$,3$ hrs$.$ @ $$21$ per hr$.,,$Materials purchased,$50,800$ lbs$.$ costing $$218,440$