Pl2A-g The company produces and sells a single product. The standard cost per product is as follows: Direct materials, 2 feet at $8.45 per foot $16.90 Direct labor, 14 direct labor hours at $16 per DUH 22.40 Variable OH, 1.4 direct labor hours at $2.50 per DUH3.50 Fixed OH,1.4 direct labor hours at $6 per DLH 8.40 Standard cost per unit $51.20 The following additional information is available for the year just completed: - The company manufactured 30,000 units of product during the year - The company worked 43,500 direct labor hours during the year at a direct labor cost of $15.80 per hour. - Overhead is applied to costs on the basis of standard direct-labor hours. Data relating to manufacturing overhead costs follow: Budgeted Denominator activity level (DHH) 35,000 Budgeted fixed OH (from the flexible budget) $210,000 Actual variable overhead costs incurred $108,000 Actual fixed overhead costs incurred $211,800 Total of variances Materials price variance Materials quantity variance Labor rate variance Labor efficiency wariance Variable overhead rate variance Variable overhead efficiency variance Fixed overhead Budget Variance Fixed overhead Volume Variance