Panther Central uses students served as its measure of activity. During June, the organization budgeted for 26,000 students, but actually served 23,000 students. The organization bases its budgets on the following information: Revenue should be $2.80 per student served. Wages and salaries should be $22,100 per month plus $0.70 per student served. Supplies should be $0.50 per student served. Insurance should be $5,200 per month. Miscellaneous expenses should be $2,100 per month plus $0.30 per student served. The company reported the following actual results for June: Revenue $63,800 Wages and salaries $37,100 Supplies $9,900 Insurance $5,400 $6,200 Miscellaneous expense Separately, William Pitt Catering prepares meals for events on campus with the following standard costs: Standard quantity/hours Standard price/rate Revenue $63,800 Wages and salaries $37,100 Supplies $9,900 Insurance $5,400 $6,200 Miscellaneous expense Separately, William Pitt Catering prepares meals for events on campus with the following standard costs: Standard quantity/hours Standard price/rate Direct materials 4.3 ounces Direct labor 0.2 hours Variable overhead 0.2 hours $6 per ounce $21 per hour $7 per hour In January the company produced 3,500 units using 14,710 ounces of the direct material and 2,270 direct labor-hours. During the month, the company paid $5.80 per ounce for the direct materials. The actual direct labor cost for the month was $49,713 and the actual variable overhead cost was $16,571. The company applies variable overhead on the basis of direct labor-hours. Answer the following questions: (Please round all rates and "per unit" answers to 2 decimal places and costs to the nearest whole dollar.) Show your work here, including calculations or spreadsheet data, for partial credit (optional). 20:25