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Fhounder, Incinanufactures one product called tybos. The company ises a standard cost system and sells each tybo for \$Q. At the start? of monthly production, Flounder estimated 9,560 tybos would twe produced in March. Flounder has established the following in aterial and laboer standards to produce one tybo: During March 2022, the following activity was recorded ty the cornparnretating to the production of tybos: 1. The cimpany produced 9.170 units during the month. 2. A total o 24.200 pounds at materiats were purchased at a cost of $66,550. 3. A total of 24200 pounds of materiats were uned in aroduction. 4. 5,200heurs of tobor were incurred during the montiat a total wage cost or $57.200. During March 2022. the following activity was recorded by the company relating to the production of tybos. 1. The company produced 9170 units during the month, 2. A total of 24,200 pounds of materials were purchased at a cost of $66,550. 3. A total of 24,200 pounds of materials were used in production. 4. 5.200 hours of labor were incurred during the monthat a total wage cost of $57,200