Highand Company ptotuces inghtwwight bathpick that is populs with collyge shidents. Standard woriable costs relating to a singio buckptek ore given beltew: Oveinesd a dpolied to productea on the bash of droet labor-houts. Duing March 600 backpacks wese manufactwed and seld selected irformation rewietng to the roonth's producton is gren beloo. Requlred. before atientping ta antiwet acy of the thetulemements. 1. What is the standard cost of an single backnecin? 2. Whet was the actual cost jer backpack produced daing March? 3. How maty yarts of materlol are fequred at itandard por bockpock? 4. What way the materids price yas ance for March if there were no begining or enging inventories of materids? 5. What is the standotd decec labor tate per hourt 6. What was the lotor rate varibnce fot March? Phe labor eficiency varance? 7. What was the wariable ovethesd fsce yarisnce for March? The woriable oremeod efloiency yariance? a Drepare a standard cost card for che hackpach. Complete this uuestion fry setering your answers in the tabs belom. What is the standard direct labor rate per hour? (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. What was the labor rate variance for March? The tabor efficiency variance? (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (t.e. zero variance). Input all amounts as positive values.) What was the variable overhead rate variance for March? The variable overhead efficiency variance? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e,, zero variance). Input all amounts as positive values.) Complete this question by entering your answers in the tabs below. Prepare a standard cost card for one backpack. (Round your answers to 2 decimal places.) Highand Company ptotuces inghtwwight bathpick that is populs with collyge shidents. Standard woriable costs relating to a singio buckptek ore given beltew: Oveinesd a dpolied to productea on the bash of droet labor-houts. Duing March 600 backpacks wese manufactwed and seld selected irformation rewietng to the roonth's producton is gren beloo. Requlred. before atientping ta antiwet acy of the thetulemements. 1. What is the standard cost of an single backnecin? 2. Whet was the actual cost jer backpack produced daing March? 3. How maty yarts of materlol are fequred at itandard por bockpock? 4. What way the materids price yas ance for March if there were no begining or enging inventories of materids? 5. What is the standotd decec labor tate per hourt 6. What was the lotor rate varibnce fot March? Phe labor eficiency varance? 7. What was the wariable ovethesd fsce yarisnce for March? The woriable oremeod efloiency yariance? a Drepare a standard cost card for che hackpach. Complete this uuestion fry setering your answers in the tabs belom. What is the standard direct labor rate per hour? (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. What was the labor rate variance for March? The tabor efficiency variance? (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (t.e. zero variance). Input all amounts as positive values.) What was the variable overhead rate variance for March? The variable overhead efficiency variance? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e,, zero variance). Input all amounts as positive values.) Complete this question by entering your answers in the tabs below. Prepare a standard cost card for one backpack. (Round your answers to 2 decimal places.)