Operating at a normal level of 30.000 direct labor-hours. Lasser Company produces 10,000 units of product each year. The direct labor wage rate is $12 per hour. Two and one-half yards of direct materials go into each unit of product; the material costs $8.60 per yard. Variable manufacturing overhead should be $1.90 per standard direct labor-hour. Fixed manufacturing overhead should be $168,000 per period. Required: 1.Using 30,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. Complete the standard cost card below for one unit of product: Direct