Pharoah company is planning to produce 2,100 units of product in 2022. each unit requires 1.6 pounds of materials at $6.4 per pound and a half-hour of labor at $16 per hour. the overhead rate is 60% of direct labor. (a) compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. direct materials $enter a dollar amount direct labor $enter a dollar amount overhead $enter a dollar amount (b) compute the standard cost of one unit of product. (round answer to 2 decimal places, e.g. 2.75.) standard cost $enter the standard cost per unit in dollars rounded to 2 decimal places per unit
