for req1a, req1b, and req 2

Problem 10-11 (Algo) Direct Materials and Direct Labor Variances; Computations from Incomplete Data [LO10-1, LO10-2] Sharp Company manufactures a peoduct for which the following standards have been set: During March, the company purchased direct materials at a cost of $57,090, all of which were used in the production of 3.400 units of product In addition, 5,200 direct habor-hours were worked on the product during the month. The cost of this tabor time was 554,600 . The following variances have been computed for the month: Required: 1. For direct materials: a. Compute the actuat cost per foot of materials for March b. Compute the peice variance and the spending variance. 2. For direct labor: a. Compute the standard direct labor rate per hour. b. Compute the standard hours allowed for the month's production. e. Compute the standard hours allowed per unit of product. Complete this question by entering your answers in the tabs below. For direct materials, compute the actual cost per foot of materials for March. (Round your answer to 2 decimal placest)