Print by: Erica Burkett AC202:AC202DLU1A2020 Principles of Managerial Account in / AC202 - Chapter 23 Assignment * Problem 23-4A (Part Level Submission) Kansas Company uses a standard cost accounting system. In 2017, the company produced 28,500 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $13.00. Normal capacity was 49,900 direct labor hours. During the year, 131,300 pounds of raw materials were purchased at $0.91 per pound. All materials purchased were used during the year. *(a) Your answer is correct. If the materials price variance was $5,252 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound - 0.04 $0.95 5,252 + 131,32 10.45 *(b) Your answer is correct. If the materials quantity variance was $13,728 unfavorable, what was the standard materials quantity per unit? (Round answer to 1 decimal place, e.g. 1.5.) 13,7284.95 Standard materials quantity per unit 14.1 Raw material 14,451 28,56 + 10,847 -4,1 131 300 "(c) What were the standard hours allowed for the units produced? Standard hours allowed 44000 Attempts: 0 of 3 used *(d) The parts of this question must be completed in order. This part will be available when you complete the part above. *(e)