Kilmartin Fabrics manufactures a specialty monogrammed blanket. The folowing are the cost standards for this blanket: (Click the icon to view thwe standards. Achaal results from last month's production of 1,600 blankets are as follows: (Click the icon to view thw actual fesults.) Read the reguirnments: Requirement 1. What is the standard drect material cost for one bianket? (Round your answer to the neareat cent.) The standard deect malerial cost for one blanknt is Requirement 2. What is the actual cost per yard of fabric purchased? (Rourd your anawer to the neareat cent.) The achial cost per yard of fabric purchased Data table Actual cost of 8,800 yards of direct material (fabric) purchased . . 580,000 Actual yards of direct material (fabric) used Actual wages for 3,340 hours werked Kilmartin Fabrics manufactures a specialfy monogrammed blanket. The following are the cost standards for this blanket: (Click the icon to view the standards.) Actual results from last month's production of 1,600 blankets are as follows: (Click the icon to view the actual results.) Read the requirements. Requirement 1. What is the standard direct material cost for one blanket? (Round your answer to the nearest cent.) The standard direct material cost for one blanket is Requirement 2. What is the actual cost per yard of fabric parchased? (Round your answar to the noarest cent.) The actial cest per yard of fabeic purchased Data table Direct materials (fabric) ...5.0 yards per bianket at $10.00 per yard Direct labor .2 direct labor hours per blankot at $11.00 per hour grici. the ion to view the siansiaris. I Actual resude tron last monters production of 1.600 blynhets are as follows gelick the iven ito verw the arduai resifa.) Read twe chouerements The antual Eist per yaud of tatinc purtabsed Requirements 1. Whan in the stavdard decer material cost for cone hiarkst? 2. What in the actuar cost per pard of Batoric purchmes? 3. Caiculate the thect materal grot ant guantity waruens. 4. What it the tandard dowed inbor nowit for one tharkurl? 5. What is the achaa derict laboe noet per frue? viriance