What is Standard Cost and Flexible Budget.Brier Company produces car covers. The company's master budget shows the following standards information.

Expected production for September5,000 units Direct materials8 yards per unit at $5 per yard Direct labor3 hours per unit at $16 per hour Variable manufacturing overhead3 direct labor hours per unit at $2 per hour

1. Calculate the standard cost per unit for direct materials, direct labor, and variable manufacturing overhead using the format shown inFigure 10.1.
2. Assume Brier Company produced 5,100 car covers during the month of September.
3. flexible budget for direct materials, direct labor, and variable manufacturing overhead using the format shown inFigure 10.2.