Dixon & Company manufactures Part B and uses standard costs to prepare its flexible budget....

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Accounting

Dixon & Company manufactures Part B and uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for Part B were as follows:
Direct materials: 2 pounds per unit; $11 per pound
Direct labor: 4 hours per unit; $17 per hour
During the first quarter. Dixon produced 1,000 units of this product. Actual direct materials and direct labor costs were $86,000 and $250,000, respectively.
For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 1,000 units
$4,000
$2,000
$22,000
$68,000
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