Kansas Company uses a standard cost accounting system. In 2017, the company produced 27,600 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 50,300 direct labor hours. During the year, 130,200 pounds of raw materials were purchased at $0.90 per pound. All materials purchased were used during the year.

If the materials price variance was $5,208 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.)

Standard materials price per pound $________

If the materials quantity variance was $13,423 unfavorable, what was the standard materials quantity per unit? (Round answer to 1 decimal place, e.g. 1.5.)

Standard materials quantity per unit ______

What were the standard hours allowed for the units produced?

Standard hours allowed____________

If the labor quantity variance was $4,800 unfavorable, what were the actual direct labor hours worked?

Actual hours worked____________

If the labor price variance was $13,368 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.)

Actual rate per hour $__________

If total budgeted manufacturing overhead was $367,190 at normal capacity, what was the predetermined overhead rate? (Round answer to 2 decimal places, e.g. 2.75.)

Predetermined overhead rate $____________

What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.)

Standard cost per unit $___________

How much overhead was applied to production during the year?

Overhead applied $__________