Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are for March.

Standards Direct materials Direct labor Variable overhead (per direct labor-hour) Fixed overhead (per month) Expected activity (direct labor-hours) Actual results Direct material (purchased and used) Direct labor Variable overhead Fixed overhead Units produced (actual) Mountain Mist 3 ounces at $15 per ounce 5 hours at $60 per hour $48 $335,340 5,750 3,100 ounces at $13.50 per ounce 4,900 hours at $60.75 per hour $242,550 $313,950 1,000 units Valley Stream 4 ounces at $16.50 per ounce 6 hours at $75 per hour $52.50 $397,800 7,800 4,700 ounces at $17.25 per ounce $378,510 7,400 hours at $76.50 per hour $396,000 1,200 units