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part d please Anton Company manufactures wooden magazine stands. An accountant for Anton just completed the variance report for the current month. After printing the

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Anton Company manufactures wooden magazine stands. An accountant for Anton just completed the variance report for the current month. After printing the report, his computer's hard drive crashed, effectively destroying most of the actual results for the month. All that the accountant remembers is that actual production was 220 stands and that all materials purchased were used in production. The following information is also available. Current Month: Budgeted Amounts Budgeted production: 280 magazine stands Direct materials: Wood Usage Price 3 square feet per stand $0.25 per square foot Direct labor: 0.5 hours per stand $ 18 per hour Rate Variable overhead (allocated based on direct labor hours): Rate per labor hour Rate per stand Fixed overhead (allocated based on direct labor hours): Rate per labor hour Rate per stand Current Month: Variances Direct materials price variance 33 unfavorable Direct materials quantity variance Direct labor rate varlance Direct labor efficiency variance Overhead volume varlance Overhead spending varlance 231 Favorable 550 Unfavorable s 60 F s 210 t able Kl garlic-parmesan chi.. 111 Chicken Alfredo E Homepage Superi.. Books Superi Saved Rate per stand Current Month: Variances Direct materials price variance Direct materials quantity variance Direct labor rate variance Direct labor efficiency variance Overhead volume variance Overhead spending variance $33 Unfavorabl -0 $ 231 Favorable 550 Unfavorable $ 60 Favorable 210 Unfavorable ok int Required ences Using the budget for the current month and the variance report, construct the following items a. What was the actual purchase price per square foot of wood? (Round your answer to 2 decimal places.) b. How many labor hours did it actually take to produce each stand? (Round your answer to 2 decimal places.) c. What was the actual wage rate pald per hour? (Round your answer to 2 decimal places.) d. What was actual total overhead for the month? 0.30 per square foot 0.75 per unit a Actual price b. Actual hours C. Actual rate d Actual overhead costs S 8.60 per hour

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