The following data is given for the Bahia Company: Budgeted production Actual production Materials: Standard price per pound 1,061 units 908 units $1.824 Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. 11 9,688 $19,860 $14.63 per hour 4.0 4,676.2 $71,312 $1,130,000 $27.00 per standard labor hour $130,934