Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 2.4 pounds $17.10 per lb $41.04 Direct labor 1 hours $15.90 per hour $15.90 Variable manufacturing overhead 1 hours $9.10 per hour $9.10 Total standard cost per unit $66.04 Variances Reported Direct materials Direct labor Variable manufacturing over Total Standard Cost Price or Rate Applied to Work in Process during the period $738,720.00 $13,108.00 F $286,200.00 $163,800.00 $3,800.00 U $4,700.00 F Quantity or Efficiency $34,200.00 U $15,900.00 U ????? U The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materials purchased during the period were used in production. Work in process inventories are insignificant and can be ignored. 1 How many units were produced last period? 2 How many pounds of direct material were purchased and used in production? 3 What was the actual cost per pound of material? (Use excel, don't round) 4 How many actual direct labor-hours were worked during the period? 5 What was the actual rate paid per direct labor-hour? (Use excel don't round) 6 How much actual variable manufacturing overhead cost was incurred during the period?