1 Chapter 8: Applying Excel 2 3 Data 4 Exhibit 8-8: Standard Cost Card Inputs Standard QuantityStandard Price 3.0 pounds 0.50 hours 0.50 hours 6 Direct materials $4.00 Direct labor $22.00 per hour 8 Variable manufacturing overhead $6.00 per hour 10 Actual results: 11 Actual output 12 Actual variable manufacturing overhead cost 13 14 Actual direct materials cost 15 Actual direct labor cost 1,990 units $5,859 Actual price Actual Quantity 5,785 pounds 945 hours 1 pounds $22.2 per hour