work Saved Help Save & Exit Check my w Lasser Company plans to produce 19,000 units next period at a denominator activity of 38,000 direct labor- hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $7.80 per yard. The company's budget includes variable manufacturing overhead cost of $2.40 per direct labor-hour and fixed manufacturing overhead of $239,400 per period. Required: 1. Using 38,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the standard cost card below for one unit of product: (Except standard hours, round your intermediate calculations and final answers to 2 decimal places.) (2) (1) x (2) (1) Standard Quantity or Hours 2 yards Standard Price or Standard Rate Cost $ 7.80 per yard $ 15.60 Direct materials Direct labor hours per hour ework Saved Help Save & Exit SL Check my w LULUI MIJLVULEIUTICALMIVU UU ULTIVIHIILI ULVIL I JUULUU hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $7.80 per yard. The company's budget includes variable manufacturing overhead cost of $2.40 per direct labor-hour and fixed manufacturing overhead of $239,400 per period. Required: 1. Using 38,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using 38,000 direct labor-hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. (Round your answers to 2 decimal places.) per DLH Predetermined overhead rate Variable element Fixed element per DLH per DLH Next > amework Saved Help Save & Exit Check variable manufacturing overhead cost of $2.40 per direct labor-hour and fixed manufacturing overhead $239,400 per period. Required: 1. Using 38,000 direct labor-hours as the denominator activity, compute the predetermined overhead ra and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Rate Complete the standard cost card below for one unit of product: (Except standard hours, round your intermediate calculations and final answers to 2 decimal places.) (2) (1) (2) Standard Standard Price or Standard Inputs Quantity or Cost Hours Direct materials 2 yards $ 7.80 per yard $ 15.60 Direct labor hours per hour Variable manufacturing overhead hours Fixed manufacturing overhead Total standard cost per unit $ 15.60 per hour hours per hour