(Solved): Concord Manufacturing, which produces a single product, has prepared the following standard cost she ...

Concord Manufacturing, which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (6 pounds at $2 per pound) $12 Direct labor (2 hours at $12 per hour) $24 during the month of April, the company manufactures 480 units and incurs the following actual costs.