TO HW 4 Help Save&Exlt Submit Check my work Marvel Parts, Inc., manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products. According to the standards chat have been set for the seat covers, the factory should work 2.850 hours each month to produce 1,900 sets of covers. The standard costs associated with this level of production are 10 points Set Total/ll/of Covers eBook Print References Direct materials Direct labor Variable manufacturing overhead (based 42,560$22-40 S1,30027.00 on direct labor-houre) S 6.840N.60 53.00 During August, the factory worked only 2.800 direct labor-hours and produced 2,000 sets of covers. The following actual costs were recorded during the month: Per Set ocaof Covera 4S,00 $22.80 Dlroct naterisie 13,000 asds23 2 Direct Labor Variable manufacturing overhoad 49.00024.50 s.000W3.5 50.80 At standard, each set of covers should require 5.6 yards of material. All of the materials purchesed during the month were usedin Next