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BACK CALCULATOR HINTER VERSION Problem 23-4A (Part Level Submission) Kansas Company uses a standard cost accounting system. In 2017, the company produced 27,700 units. Each

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BACK CALCULATOR HINTER VERSION Problem 23-4A (Part Level Submission) Kansas Company uses a standard cost accounting system. In 2017, the company produced 27,700 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50,100 direct labor hours. During the year, 130,900 pounds of raw materials were purchased at $0.91 per pound. All materials purchased were used during the year, (a) Your answer is correct If the materials price variance was $1,309 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75) Standard materials price per pound Click if you would like to Show Work for this question: Open Show Work 92 SHOw SOLUTION SHOw Attempts: 1 of 3 used Your answer is correct. If the labor quantity variance was $6,000 unfavorable, what were the actual direct labor hours worked? Actual hours worked 44820 Open Show Work Click if you would like to Show Work for this question: SHOW SOLUTION SHOW ANSWER LINK TO TEXTLINK TO TEXT (e) Your answer is correct. If the labor price variance was $4,482 favorable, what was the actual rate per hour? (Round answer to 2 Actual rate per hour Click if you would like to Show Work for this question: Open Show Work 11.90 (f) Your answer is correct If total budgeted manufacturing overhead was $355,710 at normal capacity, what was the predetermined overhead rate? 2.75.) Predetermined overhead rate 7.1 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts (g) What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.) Standard cost per unit Click if you would like to Show Work for this question: Open Show Work s

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