9.14 The Bartlesville plant of Harmon Company produces an industrial chemical. At the beginning of tne year, the Bartlesville planr had the following standard cost sheet Direct Materials Direct Labor, and Overhead Variances; Journal Entries Direct materials (10 lbs. @ $1.60) Direct labor (0.75 hr. $18.00) Fixed overhead (0.75 hr. $4.00) Variable overhead (0.75 hr. $3.00) Standard cost per unit $16.00 13.50 3.00 2.25 $34.75 compute the var The Bartlesville plant computes its overhead rates using practical volume, which is 72,000 units. The actual results for the year are as follow an Overhevd Pnte etticiency vwnunces a. Units produced: 70,000. b. Direct materials purchased: 744,000 pounds at $1.50 per pound. c. Direct materials used: 736,000 pounds. d. Direct labor: 56,000 hours at $17.90 per hour. e. Fixed overhead: $214,000. f. Variable overhead: $175,400. cand all weresswiy your Required: EFEiCiRNcy aterials