ALT-DM-DL-VARIANCES--ZORAH CORPORATION - ZORAH COMPANY ACTUAL QUANTITY ACTUAL PRICE ACTUAL QUANTITY STANDARD PRICE STD QUANTITY" STD PRICE 1. Zorah Corporation uses a standard costing system in the production of exercise mats. Direct Material: Standard price is $3.50 per pound. Each exercise mat requires 3 pounds of material. MATERIAL PURCHASE $o DMPV $0 $0 Direct Labor: The standard direct labor rate is $24.00 per hour, and each exercise mat requires 1.5 hours of direct labor. ACT. QTY ACT. PRICE ACT. QTY STD. PRICE MATERIAL USAGE $0 DMOV $0 During the month, the company purchased 3,000 pounds of material, paying $3.75 per pound. The direct material used during the month was 2,900 pounds. 0 ACT. QTY STD. PRICE OF MTL USED UNITS PRO MTLS/UNIT STD PRICE (POUNDS) PER POUND The company used 1,600 hours of direct labor during the month, at a rate of $21.00 per hour. LABOR USAGE $0 DLRV $0 DLTV $0 The company produced 800 exercise mats this month $0 0 ACT. HRS ACT. RATE ACT. HRS STD. RATE UNITS PRO DLH/UNIT STD RATE (HOURS) ) DMPV Choose: Choose: DMOV DLRV Choose: Choose: DLTV