The Following Standard Costs Were Developed for One of Commodore

The following standard costs were developed for one of Commodore Company's products:
STANDARD COST CARD
PER UNIT The following information is available regarding the company's operations for the period:
Units produced
15,000
Materials purchased
90,000 pounds at £3.60 per pound
Materials used
80,000 pounds
Direct labour
9,000 hours at £16.50 per hour
Overhead incurred:
Variable
£220,000
Fixed
£640,000
Budgeted fixed overhead for the period is £600,000, and expected capacity for the period is 20,000 direct labour hours.
Required:
a.
Calculate the standard fixed overhead rate.
b.
Complete the standard cost card for the product.