Use the following information for the Exercises below. (The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unit of its product for 2017 Direct material (30 lbs. $2.50 per Ib.) Direct labor (20 hrs. 34.80 per hr.) Factory variable overhead (20 hrs. $2.50 per hr.) Factory fixed overhead (20 hrs. $1.20 per hr.) Standard cost $ 75.00 96.00 46.00 24.00 $241.00 The $3.50 ($230 $120 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 available tedbi Budget Budgeted output (units) Budgeted labor (standard hours) Budged overhead (dollars) Variable overhead Fie overhead Total wwerhead Operating levels of capacity ex 34,450 37,100 39.750 689.000 742,000 795.000 51,584,700 $1,706.60 $1,028,5 890.400 $2,675.100 52.597,000 52.715,00 Type here to search 8 W E 2 T C 1 o P S D F G . K LLN x C