The Bartlesville plant of Harmon Company produces an industrial chemical. At the beginning of the year, the Bartlesville plant had the following standard cost sheet: Direct materials (10 lbs. @ $1.60) $16.00 Direct labor (0.75 hr. @ $18.00) 13.50 Fixed overhead (0.75 hr. @ $4.00) 3.00 Variable overhead (0.75 hr. @ $3.00) 2.25 Standard cost per unit $34.75 The Bartlesville plant computes its overhead rates using practical volume, which is 72,000 units. The actual results for the year are as follows: a. Units produced: 70,000. b. Direct materials purchased: 744,000 pounds at $1.50 per pound. c. Direct materials used: 736,000 pounds. d. Direct labor: 56,000 hours at $17.90 per hour. e. Fixed overhead: $214,000. f. Variable overhead: $175,400.