You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: Standard Cost Card Direct materials (5.60 kg at $3.00 per kilogram) $16.80 Direct labour (0.50 hours at $5.00) 2.50 Variable overhead (0.50 hours at $3.00 per hour) 1.50 Fixed overhead (0.50 hours at $7 per hour) 3.50 $24.30