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Please, fill in the table and give me step by step explanation if the numbers change: Vitex, Inc. manufactures a popular consumer product and it
Please, fill in the table and give me step by step explanation if the numbers change:
Vitex, Inc. manufactures a popular consumer product and it hes provided the following deto excerpts from its standard cost system: S 13,804 F I nputs Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Direct materials Direct labor Variable manufacturing overhead (I) Standard Quantity or Hours 2.40 pounds I.e hours I.e hours Standard Price or Rate per pound 515.30 per S 9.30 per hour Reported Quantity or Effici ency S 32,600 u S 15,3eU Standard Cost 39.12 S 15.3e 63.72 Total Standard Cost* S743,28e S29e,7ae S176,7ae or Variances Price Rate 4,aeu 4,8e F *Applied to Work in Process during the period. The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All ofthe materials purchased during the period were used in productiom Work in process inventories ere insignificant and can be ignored. Required: 1. How many units were produced lest period? 2. How many pounds of direct materiel were purchased end used in production? 3 What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4 How many actual direct labor-hours were worked during the period? S. Whet wes the ectuel rete paid per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period? Number of units produced Pounds of direct material purchased and used in production Actual cost per pound Actual direct labor-hours Actual rate per direct labor-hour Actual variable manufacturing overhead cost
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