Problem 12.40A a-h You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: Direct materials (5.40 kg at $3.20 per kilogram) Direct labour (0.50 hours at $4.30) Variable overhead (0.50 hours at $3.20 per hour) Fixed overhead (0.50 hours at $6 per hour) Standard Cost Card $17.28 2.15 1.60 3.00 $24.03 The following is a production report for the most recent period of operations: Volume Costs Direct materials Direct labour Variable overhead Fixed overhead Total Standard Cost Price/ Rate $328,320 $5,272 F 40,850 2,725 U 30,400 57,000 Variances Spending/ Quantity/ Budget Efficiency $9,088 V 6,020 U $1,060 F 410 F $11,580 V How many units were produced during the period? Number of units produced What was the actual rate paid per direct labour hour? (Round answer to 2 decimal places, e.g. 15.25.) Actual rate What was the actual variable overhead cost incurred during the period? Actual variable overheads What is the total fixed overhead cost in the company's master budget? Budgeted fixed costs What were the master budget hours for fixed overhead? Master budget hours hours