The Bilodeau Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DMLH). At the beginning of 2020, Bilodeau adopted the following standards for its manufacturing costs: (Click to view the standards.) (Click to view additional information.) i Data Table Read the requirements. Requirement 1. Prepare a schedule of total standard manufacturing costs for the 7,500 output units in January 2020. Cost per Input Output Unit Direct materials Direct materials 5 lb. at $4 per lb. $ 20.00 Direct manufacturing labor Direct manufacturing labor 4 hrs. at $15 per hr. 60.00 Variable manufacturing overhead Variable manufacturing overhead $6 per DMLH 24.00 Fixed manufacturing overhead Fixed manufacturing overhead $7 per DMLH 28.00 $ 132.00 Total Standard manufacturing cost per output unit Requirement 2. For the month of January 2020, compute the variances, indicating whether each is favorable (F) or unfavorable (U). i Data Table Before computing the variances complete the tables below. Begin by completing the table for direct materials. Actual Input Quantity x The denominator level for total manufacturing overhead per month in 2020 is 39,000 direct Budgeted Price manufacturing labor-hours. Bilodeau's budget for January 2020 was based on this Actual Costs Flexible denominator level. The records for January indicated the following: Incurred Purchases Usage Budget Direct materials purchased 40,900 lb. at $4.30 per lb. Direct materials Direct materials used 37,900 lb. Direct manufacturing labor 30,500 hrs. at $14.80 per hr. a. Direct materials price variance, based on purchases, is Total actual manufacturing overhead (variable and fixed) $625,000 b. The direct materials efficiency variance is Actual production 7,500 output units Now complete the table for direct labor. Actual Costs Actual Innut Quantity Flexible Print Done Choose from any list or enter any number in the input fields and then continue to the next