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 [2] Your answer is correct. If the materials price variance was $5,268 favorable, what was the standard materials pne 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 ANSWER SHOW SCIT10N LINK TO TEXT LENK TO TEXT Attempts: 1 of 3 used (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 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: quantity per MS Open Show Work SHOW SOLUTION SHOW ANSWER INK TO TEXT LENK TO TEX Attempts: 2 of 3 used (c) Your answer is correct. 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 45600 Your answer is correct. What were the standard hours allowed for the units produced? Standard hours allowed 45600 Open Show Work Click if you would like to Show Work for this question: SHOW SOLUTIONSHOW ANSWER LINK TO TEXT LUNKTO TEXT Attempts: 1 of 3 used (d) Your answer is correct. If the labor quantity variance was $7,700 unfavorable, what were the actual direct labor hours worked? Actual hours worked Click if you would like to Show Work for this question: Open Show Work [y] Your answer is correct. If the labor quantity variance was $7.700 unfavorable, what were the actual direct labor hours worked? Actual hours worked click if you would like to Show Work for this question: Open Show Work 46300 SHOW ANSWER SHOW SOLUTION LINK TO TEXTLINK TO TEXT Attempts: 1 of 3 used (e) Your answer is correct. If the labor price variance was $18,520 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.) Actual rate per hour Click if you would like to Show Work for this question: 10.60 Open Show Work If the labor price variance was $18,520 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.) Actual rate per hour d Click if you would like to Show Work for this question: 10.60 Open Show Work SHOW SOLUTION SHOW ANSWER LINKTO TEXTLINK TO TEXT Attempts: 1 of 3 used (f) Your answer is correct. If total budgeted manufacturing overhead was $368,520 at normal capacity, what was the predetermined overhead rate? (Round answer to 2 decimal places, e.g. 2.75.) Predetermined overhead rate Click if you would like to Show Work for this question: Open Show Work 7,4 If total budgeted manufacturing overhead was $368,520 at normal capacity, what was the predetermined overhead rate? (Round answer to 2 decimal places, e.g. 2.75.) Predetermined overhead rate 7.4 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LtNKTO TEXT uNK TO TEXT Attempts: 1 of 3 used (g) Your answer is correct. What was the standard cost per unit of product? (Round answer to 2 decmal places, a.g. 2.75.) Standard cost per unit Click if you would like to Show Work for this question: Open Show Work 33.20 What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.) Standard cost per unit33.20 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINTO TEXT Attempts: 1 of 3 used How much overhead was applied to production during the year? Overhead applied Click if you would like to Show Work for this question: Open Show Work
