Standard Gears produces lawn mower gears. It uses units as the cost driver for overhead. The following information was provided concerning its standard cost system: Actual Data Produced 12.400 units Budgeted units Materials purchased 4,050 lbs for a total cost of $32,550 Budgeted materials Materials used Labor worked 4,700 7,400 hrs, costing $79,822 Budgeted labor Budgeted variable overhead Actual overhead Fixed: 504.000 Variable $36,100 Budgeted fixed overhead How much is the standard cost of each lawn mower gear? 25.73 $25.95 $25.50 $20.59 $2690 Budgeted and Standard Data 12.500 units 0.40 b. 57.10 per b 72 minutes @$12.00 per hour $35,605 $65.500