The standard cost sheet for a product is shown. ECT.LABOR.COST.V... Standard Cost RECT.MATERIALS.C... Manufacturing Costs Standard price Standard Quantity per unit ANF.COST.VARIANCE Direct materials $4 60 per pound 5.50 pounds $ 25.30 Direct labor $12.31 per hour 2.10 hours 25.85 Overhead $2 40 per hour 2.10 hours 5.04 $ 56.19 The company produced 3,000 units that required: . 17,000 pounds of material purchased at $4 45 per pound . 6,250 hours of labor at an hourly rate of $12 71 per hour . Actual overhead in the period was $15,420 Fill in the Budget Performance Report for the period. Some amounts are provided. Round your answers to the nearest dollar, However, do not round your intermediate calculations. Budget Performance Report Variance Manufacturing Costs: Actual Standard (Favorable)/ 3,000 units Costs Costs Unfavorable Direct materials $75,650 Direct labor 77,553 Overhead 15,420 $1,935 gress: 3/3 items Check My Work Previous