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Our Widget Company shard this information with us: Direct materials: Standard price per pound: $10 Actual price per pound: $9 Price variance: $15,000F Total of

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Our Widget Company shard this information with us: Direct materials: Standard price per pound: $10 Actual price per pound: $9 Price variance: $15,000F Total of direct-material variances: $1,000F Direct labor: Actual hours worked: 40,000 Actual rate per hour: $17 Efficiency variance: $16,000F Total of direct-labor variances: $24,000U Total production was 10,000 units. What is the actual quantity of materials used. What is the direct- material quantity variance. What is the direct-labor rate variance. What is the standard labor rate per hour

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