Sedona Company set the following standard costs for one unit of its product for 2017 Direct material (30 Ibs. $2.50 per Ib.) Direct labor (20 hrs. $4.80 per hr.) Factory variable overhead (20 hrs. $2.30 per hr.) Factory fixed overhead (20 hrs. $1.20 per hr.) Standard cost $ 75.00 96.00 46.00 24.00 $241.00 The $3.50 ($2.30 + $1.20) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 53,000 units per month. The following monthly flexible budget information is also available erating Levels (% of capacity 65% 34,450 75% Flexible Budget Budgeted output (units) Budgeted labor (standard hours) Budgeted overhead (dollars) 70% 37,100 39,750 795,000 689,000 742,000 Variable overhead Fixed overhead Total overhead $1,584,700 $1,706,600 $1,828,500 890,400 $2,475,100 $2,597,000 $2,718,900 890,40e 890,40e During the current month, the company operated at 65% of capacity, employees worked 652,000 hours, and the following actual overhead costs were incurred Variable overhead costs Fixed overhead costs Total overhead costs $1,525,000 954,000 $2,479,000 AH-Actual Hours SH Standard Hours AVR Actual Variable Rate SVR Standard Variable Rate SFR = Standard Fixed Rate