chapter 10 2/5

VItex, Incorporated manufactures a popular consumer product and It has provided the following data excerpts from Its standard cost system: *Applied to Work In Process during the perlod. The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materlals purchased during the perlod were used in production. Work in process Inventories are Insignificant and can be ignored. Required: 1. How many unlts were produced last perlod? 2. How many pounds of direct materlal were purchased and used in production? 3. What was the actual cost per pound of materlal? (Round your answer to 2 declmal places.) 4. How many actual direct labor-hours were worked during the perlod? 5. What was the actual rate pald per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual varlable manufacturing overhead cost was incurred during the perlod