/ The following standard costs were developed for one of the products of Razmatazz Corporation: STANDARD COST CARD PER UNIT Materials: 4 feet × S 14.25 per foot Direct labor: 8 hours $10 per hour Variable overhead: 8 direct labor hours x $8 per hour Fixed overhead: 8 direct labor hours x $12 per hour Total standard cost per unit 57.00 80.00 64.00 $297.00 The following information is available regarding the company’s operations for the period Units produced: 11,000 52,000 feet @ $13.95 per foot 40,000 feet 84,000 hours costing $840,000 Materials purchased Materials used: Direct labor: Manufacturing overhead incurred:
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