This the information to complete the table ^

Sundancer Boats, Inc. manufactures paddle boats in various colors for 5-Star Resorts. Management now wants the accountants to complete a data analysis to compare the budget to standard costs for 2021. We know that based on the budget that was set, if everything goes exactly like we budgeted; the company will earn net income of just under $160,000. But, how likely is that to happen? Let's discuss changes from budget and standard that occurred during 2021. Overall, the company was able to increase several efficiencies. However, the company also experienced some increased costs. Use this information to complete the CH24 Standard Costs tab; the green section. Sundancer Plastic parts direct materials: The company was able to reduce waste by 20 pounds! However, purchase price, net of discounts increase by $0.50/pound. This caused an increase of $0.25 for both freight as well as receiving and handling. Metal parts direct materials: The company was also able to reduce waste in metal by 30 pounds! That was also beneficial because the price of metal, net of discounts increased $1.10/pound. Freight and receiving/handling also increased by $0.20/pound. Paint and stickers direct materials: The company was also able to reduce waste in paint by 3 pounds. There were no changes in price for paint and stickers. Direct labor: Employees were tasked with increasing equipment assembly and decreasing labor hours. They were successful in 2021 and brought hours down by 5/hours/unit! The company provided a $6/hour raise! This also lead to an increase of $2/hour in payroll taxes. Manufacturing overhead: As a result of the decrease in direct labor hours, manufacturing overhead came down. Instead of Overhead being allocated at 4 times Direct Labor Hours; it is now only 2 times Direct Labor Hours. However, there was a slight increase of $2/hour for each of the plant utilities and clean up. Using this information, update standard costs incurred during 2021. 2021 ACTUAL COST - Current Standard Predetermined Unit Costs Pounds Per Unit Usage Measurement Cost Per Pound Cost Per Unit Plastic Parts Direct Materials: Metal Parts Direct Materials: Paint and Stickers Direct Materials: Direct Labor Hours: Manufacturing Overhead Machine Hours: pounds pounds pounds hours hours $ $ $ $ $ $ $ 2021 ACTUAL COST - Current Standard Predetermined Unit Costs Pounds Per Unit Usage Measurement Cost Per Pound 0 pounds $ Direct Materials Price and Quantity Standard Plastic Parts Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste 0 pounds $ Direct Materials Price and Quantity Standard Metal Parts Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste 0 pounds $ Direct Materials Price and Quantity Standard Paint and Stickers Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste 0 hours $ Direct Labor Price and Quantity Standard Direct Labor Hours: Hourly wage rate Cost of Fliving adjustments Payroll taxes Other benefits Actual production Breaks Setup and cleaning 0 hours $ Manufacturing Overhead Quantity Standard Manufacturing Overhead Manufacturing Insurance Manufacturing Plant Utilities Manufacturing Cleanup 2 times Direct Labor Hours