eternal Links-20181-14685 true&returnUrl:https%3A%2F%2F, a Search HW Chapter 21 5 Sedona Company set the following standard costs for one unit of its product for 2017 Direet naterial (20 Ibs $2.50 per Ib. Direet 1abor 110 hrs. $22.00 per hr. Factory variable overhead (10 hre. $4.00 per he.) Factory tixed overhead (10 hrs. $1.60 per hr.) Standard coat 50.00 220.00 40.00 16.00 5326.00 The $560 ($400-$160, total overhead rate per direct labor hour is based on an expected operating level equal to 75% of the factory's capacity of 50,000 units per month. The following monthly flexible budget information is also available. 400, 000 Budgeted labor (standard hours) Budgeted overhead (dollars) 350,000 $1, 400,000 $2, 000, 000 375,000 $1,500,000 600,000 1, 600,000 600, 000 $2,100, 000 2,200,000 During the current month, the company operated at 70% of capacity employees worked 340,000 hours, and the following actual overhead costs were incurred AH Actual Hours Type here to