QUESTION 12 Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Seaworthy uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 3 pounds per unit; $5 per pound Direct labor: 3 hours per unit; $20 per hour During the first quarter, Seaworthy produced 2,500 units of this product. Actual direct materials and direct labor costs were $40,000 and $160,000, respectively For the purpose of preparing the flexible budget, what is the total standard direct materials cost at a production volume of 2,500 units? $35,000 $150 000 itin save and submit. Click Save All Ansters to save all answers