Would appreciate a really good explanation of all of the steps on how to fill this out :) Thanks!

Direct materials Direct labor \begin{tabular}{cccr} StandardQuantity & StandardPrice(Rate) & \multicolumn{2}{c}{StandardUnitCost} \\ \hline 1.5lbs. & $1.60 per lb. & $ & 2.40 \\ 1.5hrs. & $12.00 per hr. & $ & 18.00 \\ 1.5hrs. & $1.20 per hr. & $ & 1.80 \\ & & $ & 2.50 \\ \hline & $ & 24.70 \end{tabular} Actual results for the year: Number of units produced and sold Number of pounds of clay used Cost of Clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead ( $250,000/100,000 units)