The Tonowing momiauon appnes to une questions displaye'u below.) Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 lbs. $2.50 per Ib.) Direct labor (20 hrs. @ $4.80 per hr.) Variable overhead (20 hrs. $2.30 per hr.) Fixed overhead (20 hrs. @ $1.20 per hr.) Total standard cost $ 75.00 96.00 46.00 24.ee $241.00 The $3.50 ($2.30 + $1.20) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 53,000 units per month. The following monthly flexible budget information is also avallable. Operating Levels (% of capacity) Flexible Budget 65% 70% Budgeted output (units) 34,450 37,100 39,750 Budgeted Labor (standard hours) 689,000 742,000 795,000 Budgeted overhead (dollars) Variable overhead $1,584,700 $1,706,600 $1,828,500 Fixed overhead 890,400 890,400 890,400 Total overhead $2,475, 100 $2,597,000 $2,718,900 75% During the current month, the company operated at 65% of capacity, employees worked 652,000 hours and the following actual overhead costs were incurred. Variable overhead costs Fixed overhead costs Total overhead costs $1,525,000 954,000 $2,479, eee