Current Attempt in Progress Blossom Company is planning to produce 1,600 units of product in 2022....

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Current Attempt in Progress Blossom Company is planning to produce 1,600 units of product in 2022. Each unit requires 3.0 pounds of materials at $7.2 per pound and a half-hour of labor at $14 per hour. The overhead rate is 90% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials Direct labor A A Overhead $ (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit Current Attempt in Progress Blossom Company is planning to produce 1,600 units of product in 2022. Each unit requires 3.0 pounds of materials at $7.2 per pound and a half-hour of labor at $14 per hour. The overhead rate is 90% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials Direct labor A A Overhead $ (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit