Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases regular and deluxe. Presented is standard cost information for each model Cost Regular Deluxe Components Direct materials 2 board feet x $3 $6.00 3 board feet x $3 $9.00 Lumber Assembly kit 2.000 2.000 1 hour X $4 4.000 1.25 hours x $4. 5.000 Direct labor Variable overhead 1 labor hr. x $2 3 200 1.25 labor hrs. x $2 3 2.500 $18.50 $14.00 Total Budgeted fixed manufacturing overhead is $14,000 per month. During July, the company produced 9,000 regular and 5,000 deluxe storage cases while incurring the following manufacturing costs: Direct materials $130,000 Direct labor 62,000 Variable overhead 27,000 Fixed overhead 16,500 $235,500 Total