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Can you please show how to achieve the results and the formulas that should be used. Thank you. Exercise 2609 ae You have been given

Can you please show how to achieve the results and the formulas that should be used. Thank you.

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Exercise 2609 ae You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost card Direct materials (8 pounds at $4 per pound) $32.00 Direct labor (0.70 hours at $10) 7.00 Variable overhead {0.70 hours at $5 per hour) 3.50 Fixed overhead (0.70 hours at $7 per hour) 4.90 W The following is a variance report for the most recent period of operations. Variances Cosls Total Standard Cost Price Quantity Direct materials $409,600 $5,240 F $9,600 U Direct labor 89,600 3,896 U 7,800 U How many units were produced during the period? Number of units How many pounds of raw materials were purchased and used during the period? Raw material pounds What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, e.g. 1.25.) Actual cost per pound of raw materials ,u'lb $ How many actual direct labor hours were worked during the period1 Actual direct labor hours hours

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