Kibodeaux Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Inputs Direct materials 8.1 liters $64.80 8:47 Direct labor 0.3 hours 1$9.30 $8.00 per liter $31.00 per hour $3.00 per hour Variable overhead 0.3 hours $.90 ces The company budgeted for production of 4,100 units in June, but actual production was 4,200 units. The company used 33,600 liters of direct material and 1,180 direct labor-hours to produce this output. The company purchased 35,600 liters of the direct material at $7.90 per liter. The actual direct labor rate was $31.60 per hour and the actual variable overhead rate was $2.80 per hour. ...***.1.1 Kibodeaux Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Inputs Direct materials 8.1 liters $64.80 8:47 Direct labor 0.3 hours 1$9.30 $8.00 per liter $31.00 per hour $3.00 per hour Variable overhead 0.3 hours $.90 ces The company budgeted for production of 4,100 units in June, but actual production was 4,200 units. The company used 33,600 liters of direct material and 1,180 direct labor-hours to produce this output. The company purchased 35,600 liters of the direct material at $7.90 per liter. The actual direct labor rate was $31.60 per hour and the actual variable overhead rate was $2.80 per hour. ...***