Trueform products, inc., produces a broad line of sports equipment and uses a standard cost system for control purposes. last year the company produced 8,000 varsity footballs. the standard costs associated with this football, along with the actual costs incurred last year, are given below (per football): standard cost actual cost direct materials: standard: 3.7 feet at $5.00 per foot $ 18.50 actual: 4.0 feet at $4.80 per foot $ 19.20 direct labor: standard: 0.9 hours at $7.50 per hour 6.75 actual: 0.8 hours at $8.00 per hour 6.40 variable manufacturing overhead: standard: 0.9 hours at $2.50 per hour 2.25 actual: 0.8 hours at $2.75 per hour 2.20 total cost per football $ 27.50 $ 27.80