During June, Danby Companys material purchases amounted to 7,000 pounds at a price of $7.50 per pound. Actual costs incurred in the production of 1,500 units were as follows:

Direct labor:	$ 119,325	($18.50 per hour)
Direct material:	$ 36,000	($7.50 per pound)

The standards for one unit of Danby Companys product are as follows:

Direct Labor:	Direct Material:
Quantity, 4 hours per unit	Quantity, 3 pounds per unit
Rate, $18.40 per hour	Price, $7.20 per pound