The following information applies to the questions displayed below.] Sedona Company set the following standard costs for one unit of Its product for 2015 Direct material (15 lbs. e $3.40 per Ib.) Direct labor (10 hrs. $9.70 per hr) Factory variable overhead (10 hrs. @ $4.90 per hr.) Factory foxed overhead (10 hrs, e $2.00 per hr) $51.00 97.00 49.00 20.00 Standard cost $ 217.00 The $6.90 ($4.90+ $2.00) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 59,000 units per month. The following monthly flexible budget n is also avalable 65% 70% 75% Budgeted output (units) Budgeted labor (standard 38.350 383.500 41,300 413,000 44.250 442.500 overhead (dollars) Variable overhead Fixed overhead $ 1.879.150 $ 2.023,700$ 2168.250 826,000 826.000 826,000 s 2705150 2.8497002.994.250