Questions De Company has developed the following standards for one of its products 3 pounds 54 per pound 1 hour $12 per hour 1 hour $6 per hour Duet materials Duct labor Vrable c turing overhead The following activity acred during the month of April Materials purchased Materials used produced Direct labor Actual variable manufacturing overhead 2.000 pounds cost $22.500 1.600 pounds 300 units 550 hours at $12.50 per hour $2,500 The company records materials price variances at the time of purchase The total variable standard cost is $6.000 515.500 $8.000 511 575