Rooney Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs Sales price Materials cost Labor cost Overhead cost. Selling, general, and administrative costs Planned fixed costs Manufacturing overhead Selling, general, and administrative 36.60 8.70 4.30 5.80 6.70 $135,000 48,000 Assume that Rooney actually produced and sold 33,000 books. The actual sales price and costs incurred follow: Actual price and variable costs Sales price $ 35.60 Materials cost 8.90 Labor cost 4.20 Overhead cost 5.85 Selling, general, and administrative costs 6.50 Actual fixed costs Manufacturing overhead $120,000 Selling, general, and administrative 54,000