estion 4(12Mar_(ks)) the following is the standard cost card for X Company's only product: Direct materials, 4 metres at $4.00 Direct labour, 1.5 hours at $10.00quad$16.00 Variable overhead, 1.5 hours at $3.00quad$15.00 Fixed overhead, 1.5 hours at $7.00quad$4.50 Standard cost per unit quad($10.50)/($46.00) The company manufactured and sold 18,000 units of product during the year. A total of 70,200 metres of material was purchased during the year at cost of $4.20 per metre. All of this material was used to manufacture the 18,000 units. The company records showed no beginning or ending inventories for the year. The company worked 29,250 direct labour hours during the year at a cost of $9.75 per hour. Overhead cost is applied to products on