Perez Company uses both standards and budgets. For the year, estimated production of Product X is 574,300 units. Total estimated cost for materials and labor are $1,608,040 and $2,124,910.

Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, e.g. $1.25.)

I've figured out the standards costs..but how do you work the budgeted costs? Thanks a lot!