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Question 1 of 1 - 71 View Policies Current Attempt in Progress You have been given the following information about the production of Usher Co.,
Question 1 of 1 - 71 View Policies Current Attempt in Progress You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card Direct materials (6 pounds at $5 per pound) Direct labor (0.70 hours at $10) Variable overhead (0.70 hours at $3 per hour) Fixed overhead (0.70 hours at $8 per hour) $30.00 7.00 2.10 5.60 $44.70 The following is a variance report for the most recent period of operations. Costs Variances Price Quantity $4,171 F $9,100 U 4,108 U 7,500 U Total Standard Cost $408,000 95,200 Direct materials Direct labor How many units were produced during the period? Number of units e Textbook and Media How many pounds of raw materials were purchased and used during the period? Raw material pounds e Textbook and Media What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, e.g. 1.25.) Actual cost per pound of raw materials /lb e Textbook and Media How many actual direct labor hours were worked during the period? Actual direct labor hours hours e Textbook and Media What was the actual rate paid per direct labor hour? (Round answer to 2 decimal places, e.g. 1.25.) Actual rate paid per direct labor hour $ /hr e Textbook and Media
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