Mr. B Chucks Co uses a standard cost system for its single product in which variable overhead is applied on the basis of direct labor hours. The following information is given: Standard cost per unit: Raw materials (2.5 grams x $12 per gram) Direct labor (1.25 hours x $10 per hour)... Variable overhead (1.25 hours x $2 per hour $30.00 $12.50 $2.50 Actual experience for the current year: 22,400 units Purchases of raw materials (18,000 grams x $14 per gram).. $252,000 42,900 grams Direct labor (15,500 hours x $9 per hour)... Variable overhead cost incurred $139,500 $49,600