Seacrest Manufacturing produces ceramic teapots. Seacrest allocates overhead based on the number of direct labor hours. The company is looking into using a standard costing system and has developed the following standards $($one "unit" is a batch of $100$ teapots$)$:

Standards:

Direct material $30$ pounds per batch at $$3\mathrm{.}00$ per pound

Direct labor $2.$o hours per batch at $$20\mathrm{.}00$ per hour

Variable MOH standard rate $$2\mathrm{.}00$ per direct labor hour

Predetermined fixed MOH standard rate $$7\mathrm{.}00$ per direct labor hour

Total budgeted fixed MOH cost $$1,670$