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: Budgeted and Standard Data Actual Data Produced 12,400 units Budgeted units Materials purchased 4,650 lbs. for a total cost of $32,550 Budgeted materials Materials used 4,700 lbs. Budgeted labor Labor worked 7,460 hrs. costing $79.822 Budgeted variable overhead Actual overhead Fixed: $84,800 Variable $36,100 Budgeted fixed overhead O O O O How much is the standard cost of each lawn mower gear? $25.73 $25.95 $25.59 $28.59 $26.93 12,500 units 0.40 lb. @$7.10 per lb. 72 minutes @$12.00 per hour $35,625 $85,500