Problem 11-4A (Video) Kansas Company uses a standard cost accounting system. In 2020, the company produced 27,600 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50,300 direct labor hours. During the year, 130,200 pounds of raw materials were purchased at $0.90 per pound. All materials purchased were used during the year. Your answer is correct. If the materials price variance was $5,208 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound 0.94 LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is correct. If the materials quantity variance was $18,612 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit 4 pounds Your answer is correct. What were the standard hours allowed for the units produced? Standard hours allowed 44160 hours LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is correct. If the labor quantity variance was $4,800 unfavorable, what were the actual direct labor hours worked? Actual hours worked 44560 hours LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is correct. If the labor price variance was $13,368 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.) Actual rate per hour 11.7 LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is correct. If total budgeted manufacturing overhead was $367,190 at normal capacity, what was the predetermined overhead rate based on direct labor hours? (Round answer to 2 decimal places, e.g. 2.75.) Predetermined overhead rate 7.3 Your answer is incorrect. Try again. What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.) Standard cost per unit LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM X Your answer is incorrect. Try again. How much overhead was applied to production during the year? X Overhead applied 325288 LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM * Your answer is incorrect. Try again. Using one or more answers above, what were the total costs assigned to work in process? (Round standard cost per unit to 2 decimal places, e.g. 2.75 and final answer to 0 decimal places, e.g. 125.) Total costs assigned 715920 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR