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During June, Danby Company's material purchases amounted to 16,430 pounds at a price of $6.80 per pound. Actual costs incurred in the production of 2,650
During June, Danby Company's material purchases amounted to 16,430 pounds at a price of $6.80 per pound. Actual costs incurred in the production of 2,650 units were as follows: Direct labor: Direct material: $98,384 ($17.20 per hour) $92,276 ($6.80 per pound) The standards for one unit of Danby Company's product are as follows: Direct Labor: Direct Material: Quantity, 2 hours per unit Rate, $16.50 per hour Quantity, 5 pounds per unit Price, $6.20 per pound Required Fill in the amounts in the tables below
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