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Riverbed, Inc. is planning to produce 2,550 units of product in 2022. Each unit requires 3 pounds of materials at $7 per pound and half

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Riverbed, Inc. is planning to produce 2,550 units of product in 2022. Each unit requires 3 pounds of materials at $7 per pound and half hour of labor at $18 per hour. The overhead rate is 70% of direct labor. Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct Materials $ Direct Labor $ Overhead $ Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 52.75.) Standard Cost $

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