23-4A (Part Level Submission)

Kansas Company uses a standard cost accounting system. In 2017, the company produced28,400units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $11.00. Normal capacity was50,300direct labor hours. During the year,130,700pounds of raw materials were purchased at $0.95per pound. All materials purchased were used during the year.

If the materials price variance was $2,614favorable, what was the standard materials price per pound?(Round answer to 2 decimal places, e.g. 2.75.)

Standard materials price per pound $ 0.97

If the materials quantity variance was $16,587 unfavorable, what was the standard materials quantity per unit?(Round answer to 1 decimal place, e.g. 1.5.)

Standard materials quantity per unit __________.