Pacific Company provides the following information about its budgeted and actual results for June 2014 . Although the expected June volume was 25,000 units produced and sold, the company actually produced and sold 27,000 units as detailed here:

   

Budgeted (25, 000 units) $5.00 per unit Actual (27, 000 units) $5.23 per unit Selling price Variable costs (per unit): Direct materials Direct labour 1.24 per unit 1.50 per unit 0.25 per unit 0.50 per unit 0.40 per unit 1.12 per unit 1.40 per unit 0.37 per unit 0.60 per unit 0.34 per unit Manufacturing supplies* Utilities Selling costs Fixed cost (per month) Depreciation -machinery* Depreciation -building General liability insurance Property taxes on office equipment Other administrative expenses *Indicates factory overhead items:0.75 per unit or $3 per direct labour hour for variable overhead, and 0.25 per unit or $1 per direct lahour hour for fixed overhead. $3, 750 2, 500 1, 200 500 750 $3, 710 2, 500 1,250 485 900 Standard costs based on expected output of 25, 000 units Quantity to Total cost Per unit of output S1.24/unit be used Direct materials, 4 oz.@ S0.31/oz. Direct labour, 0.25hrs @S6.00/hr. 100,000oz. 1.50/unit 1.00/unit $31, 000 37, 500 25, 000 6,250 hrs Overhead Actual cost incurred to produce 27, 000 units Quantity to be used Per unit of Total cost Direct materials, 4 oz. @S0.28/oz. Direct labour, 0.20hrs @S7.00/hr. Overhead output $1.12/unit 1.40/unit $30, 240 37, 800 108,000oz. 5,400 hrs 1.20/unit 32, 400 Standard costs based on expected output of 27, 000 units Per unit of Quantity to Total cost be used output $1.24/unit Direct materials, 4 oz. @S0.31/oz. Direct labour, 0.20hrs @S6.00/hr. Overhead 108,000oz. $33, 480 40, 500 1.50/unit 6, 750 hrs 26, 500