Please use the following information to answer question #'s 1 through 15 Standard Quantity or Hours Per unit Standard Price or Rate Standard Cost Direct Materials 3 pounds $2.00 per pound Direct Labor .80 of a direct labor hour $6.00 per direct labor hour Variable Overhead .40 of a machine hour $3.00 per machine hOUI During June, the plant produced 15,000 pools and incurred the following costs: 1. Purchased 60,000 pounds of materials at a cost of $1.65 per pound. 2. Used 49,200 pounds of materials in production. 3. Worked 11,800 direct labor hours at a cost of $7.00 per hour. 4. Incurred variable manufacturing overhead cost totaling $18,290. A total of 5,900 machine hours was recorded. Student ID # Question 010 1 What is the standard cost of direct materials? 106 2 What is the standard cost of direct labor? 699 3 What is the standard cost of variable overhead? 674 4 How much should each unit of production cost? 707 5 What is SQ for direct materials (SQ is dened as the standard amount of materials allowed for the actual output)? 473 6 What is SQ for direct labor (SQ is dened as the standard amount of labor allowed for the actual output)? 241 7 What is the dollar amount and type of the direct materials price variance? 262 8 What is the dollar amount and type of the direct materials quantity variance? 604 9 What is the dollar amount and type of the direct materials quantity variance if the amount of materials purchased equals the amount of materials used in production? 497 10 What is the dollar amount and type of the direct labor rate variance? 089 11 What is the dollar amount and We of the direct labor efciency variance? 816 12 What is the dollar amount and \"type\" of the total direct labor variance? 346 13 What is the dollar amount and type of the variable overhead rate variance? 472 14 What is the dollar amount and type of the variable overhead efciency variance? 186 15 What is the dollar amount and \"type\" of the total variable overhead variance