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Please answer ALL parts of the question. Thank you! Wildhorse Company is planning to produce 2,700 units of product in 2022. Each unit requires 3,6

Please answer ALL parts of the question. Thank you!
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Wildhorse Company is planning to produce 2,700 units of product in 2022. Each unit requires 3,6 pounds of materials at $7.2 per pound and a half-hour of labor at $16 per hour. The overhead rate is 60% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials Direct labor (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit

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