Required information [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 4 pounds at $10.00 per pound $40.00 Dire et labr: 2 hours at $16 per hour Variable overhead: 2 hours at $6 per hour Total standard variable c"t per unit 32.00 12.00 $84.00 The company also established the following cost formulas for its selling expenses: 12 13-14 15 of 15 :: Next >