Operating at a normal level of 36,000 direct labor-hours, Lasser Company produces 12,000 units of product each year. The direct labor wage rate is $11.00 per hour. Two and one-half yards of direct materials go into each unit of product; the material costs $7.9 per yard. Variable manufacturing overhead should be $2.30 per standard direct labor-hour. Fixed manufacturing overhead should be $212,400 per period. Required: 1. Using 36,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. (Round your answers to 2 decimal places.) 2. Complete the standard cost card below for one unit of product: (Round your intermediate calculations and final answers to 2 decimal places.)