+ HW-Chapter 11 Question 3 of 4 2/3 E Kansas Company uses a standard cost accounting system. In 2020, the company produced 27.700 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50.100 direct labor hours. During the year, 130,900 pounds of raw materials were purchased at $0.91 per pound. All materials purchased were used during the year. (a) Your answer is correct. If the materials price variance was $1,309 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound .92 e Textbook and Media Attempts: 1 of 5 used (b) Your answer is correct HW-Chapter 11 Question 3 of 4 2/3 Your answer is correct. If total budgeted manufacturing overhead was $355,710 at normal capacity, what was the predetermined overhead rate based on direct labor hours? (Round answer to 2 decimal places, eg. 2.75.) Predetermined overhead rate $ 7.10 e Textbook and Media Attempts: 1 of 5 used (g) What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.) Standard cost per unit $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit