2 Vitex, Inc. manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Standard Quantity or Standard 50 points Standard Price or Rate Cost Inputs Direct materials Direct labor Variable manufacturing overhead Hours $16.20 per pound $15.40 per hour 1.00 hours 9.30 per hour$9.30 2.40 pounds 1.00 hours $ 38.88 $15.40 eBook $63.58 Total standard cost per unit Print References Variances Reporte Total Standard Price or Rate $660,960 12,412 F 32,400 U Quantity or Efficiency Cost* Direct materials Direct labor 15,400 U 261,800 3,600 u $158,100 4,100 F $ Variable manufacturing overhead Applied to Work in Process during the period The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materials purchas during the period were used in production. Work in process inventories are insignificant and can be ignored Required 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual rate paid per direct labor-hour? (Round your answer to 2 decimal places.) O Type here to search CL