Parson Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data (Click the icon to view, the standards.) Actual cost and operating data from the most recent month are as follows: (Click the icon to view the actual results.) Data Table Data Table Purchased 32,940 yards at a total cost of $510,570 Used 29,700 yards in producing 1,800 awnings Actual direct labor cost of $85,212 for a total of 5,260 hours Actual variable MOH $34,716 Actual fixed MOH $40,500 Standards: Direct materials 17.0 yards per awning at $16.00 per yarod Direct labor 3.0 hours per awning at $16.00 per hour Variable MOH standard rate $6.00 per direct labor hour Predetermined fixed MOH standard rate $7.00 per direct labor hour Total budgeted fixed MOH cost $35,500