nd CreBookmarks MyUTEP Homel HBo Now 1, 23, 24 6 Saved Required information [The following information applies to the questions displayed below Sedona Company set the following standard costs for one unit of its product for 2017 Direct material (20 Ibs. $3.30 per Ib.) Direct labor (15 hrs. $6.00 per hr.) Factory variable overhead (1s hrs. $2.80 per hr.) 66.6 Factory fixed overhead (15 hrs. $1.20 per hr.) Standard cost 90.00 42.80 18.80 $216.00 The $4.00 ($2.80 + $1.20) total overhead rate per direct labor hour is based on an expected operating level equal to 75% of the factory's capacity of 58,000 units per month. The following monthly flexible budget information is also available. Operating Levels (% of capacity) Flexible Budget Budgeted output (units) Budgeted labor (standard hours) Budgeted overhead (dollars) 70% 0,600 75% 609,080652,500696,800 783,000783,80e783 1866 86% 46,400 43,580 $1,705,200 $1,827,008 1,948,880 Variable overhead Fixed overhead Total overhead $2,488,200 $2,610,000 $2,731,800 During the current month, the company operated at 70% of capacity, ermployees worked 575,000 hours, and the following actual overhead costs were incurred. Variable overhead costs Fixed overhead costs Total overhead costs $1,624,000 866,000 $2,490,080 AH Actual Hours SH - Standard Hours AVR Actual Variable Rate SVR Standard Variable Rate SFR Standard Fixed Rate