Required information [The following information applies to the questions displayed below.] Sedona Company set the following standard costs for one unit of its product for this year. Direct material (20 pounds @ $3.30 per pound) Direct labor (15 hours @ $6.00 per DLH) Variable overhead (15 hours $2.80 per DLH) Fixed overhead (15 hours @ $1.20 per DLH) $ 66.00 90.00 42.00 18.00 $ 216.00 Standard cost per unit The $4.00 ($2.80 + $1.20) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 43,500 units, which is 75% of the factory's capacity of 58,000 units per month. The following monthly flexible budget information is available. Flexible Budget Budgeted production (units) Budgeted direct labor (standard hours) Budgeted overhead. Variable overhead Fixed overhead Total overhead Operating Levels (% of capacity) 70% 40,600 609,000 $ 1,705,200 783,000 $ 2,488,200 75% 43,500 652,500 $ 1,827,000 783,000 $ 2,610,000 80% 46,400 696,000 $ 1,948,800 783,000 $ 2,731,800 CR