Standard Cost Information O Quantity Cost Direct Materials Direct Labor Variable Manufacturing Overhead 2 parts 0.02 hours 0.02 hours $ 0.16 per part 8.00 per hour 10.00 per hour Fixed Manufacturing Overhead ($31,040 for static budget volume of 97,000 units and 1,940 hours, or $16 per hour) Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead (211,000 parts @ (1,640 hours @ $ $ 0.21 per part) 8.10 per hour) $ 44,310 13,284 8 000 30,000 Done