Pharoah Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $8.00 per pound $8.00 Direct labor-2.0 hours at $11.60 per hour 23.20 13.00 Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 11.00 $55.20 The predetermined manufacturing overhead rate is $12.00 per direct labor hour ($24.00 +2.0). It was computed from a master manufacturing overhead budget based on normal production of 11,200 direct labor hours (5,600 units) for the month. The master budget showed total variable costs of $72,800 ($6.50 per hour) and total fixed overhead costs of $61,600 ($5.50 per hour). Actual costs for October in producing 4,000 units were as follows. Direct materials (4,140 pounds) $ 33,948 Direct labor (7,850 hours) 92,630 Variable overhead 67,198 Fixed overhead 30.602 Total manufacturing costs $224,378 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored.