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Kansas Company uses a standard cost accounting system. In 2017, the company produced 28,500 units. Each unit took several pounds of direct materials and 1.6

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Kansas Company uses a standard cost accounting system. In 2017, the company produced 28,500 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $11.00. Normal capacity was 49,800 direct labor hours. During the year, 131,700 pounds of raw materials were purchased at $0.90 per pound. All materials purchased were used during the year. Y (a) Your answer is correct. If the materials price variance was $5,268 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound Click if you would like to Show Work for this question: 0.94 Open Show Work SHOW SOLUTION SHOW ANSWER INK TO TEXT LINKTO TEXT Attempts: 1 of 3 used Y (b) Your answer is correct. If the materials quantity variance was $13,959 unfavorable, what was the standard materials quantity per unit? (Round answer to 1 decimal place, e.g. 1.5.) Standard materials quantity per unit Click if you would like to Show Work for this question: Open Show Work 4 Standard materials quantity per unit Open Show Worl Click if you would like to Show Work for this question: SHOW SOLUTION SHOW ANSWER LINK TO TEXTLINK TO TEXT Attempts: 2 What were the standard hours allowed for the units produced? Standard hours allowed Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINKTO TEXT Attempts: 0 of 3 used O Type here to search

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