Trueform Products, Inc., produces a broad line of sports equipment and uses a standard cost system for control purposes. Last year the company produced 4,800 varsity footballs. The standard costs associated with this football, along with the actual costs incurred last year, are given below (per football): Standard Actual Cost Cost Direct materials: $14.35 Standard: 4.1 feet at $3.50 per foot Actual: 4.5 feet at $3.40 per foot $15.30 Direct labor Standard: 1.60 hours at $5.20 per hour Actual: 1.40 hours at $5.80 per hour 8.32 8.12 Variable manufacturing overhead Standard: 1.60 hours at $1.50 per hour Actual: 1.40 hours at $2.20 per hour 2.40 3.08 Total cost per footbal $25.07 s 26.50