PROBLEM 10A-11 Comprehensive Standard Cost Variances L010-1, LO10-2, LO10-3, LO10-4 Flandro Company uses a standard cost system and sets predetermined overhead rates on the basis of direct labor-hours. The following data are taken from the company's budget for the current year: Denominator activity (direct labor-hours). . . . Variable manufacturing overhead cost . $25,000 Fixed manufacturing overhead cost . . .$59,000 5,000 The standard cost card for the company's only product is given below: $13.20 12.00 Direct materials, 3 yards at $4.40 per yard . .. Direct labor, 1 hour at $12 per hour .. . Manufacturing overhead, 140% of direct labor cost . . . . . . . . 16.80 Standard cost per unit . . $42.00