Question 4 Kansas Company uses a standard cost accounting system. In 2020, the company produced 27,900 units. Each unit took several pounds of direct materials and 16 standard hours of direct laborat standard hourly rate of $13.00. Normal capacity was 49,700 direct labor hours. During the year, 130,300 pounds of raw materials were purchased at $0.93 per pound. All materials purchased were used during the year. If the materials price variance was $2,606 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, 9. 2.75.) Standard materials price per pound 0.95 If the materials quantity variance was $17,765 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit pounds What were the standard hours allowed for the units produced? Standard hours allowed hours If the labor quantity variance was $6,500 unfavorable, what were the actual direct labor hours worked? Actual hours worked hours Version 4.4.19 If the labor price variance was $9,028 favorable, what was the actual rate per hour? (Round answer to 2 decimal places,... 2.75.) Actual rate per hour $ 12.80 If total budgeted manufacturing overhead was $328,020 at normal capacity, what was the predetermined overhead rate based on direct labor hours? (Round answer to 2 decimal places, 2.75.) Predetermined overhead rate 6.60 What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 2.75.) Standard cost per unit $ How much overhead was applied to production during the year? Overhead applied 294,624 $ Version 4.24. Using one or more answers above, hat were the total costs assigned to work in process? (Round standard cost per unit to 2 decimal places, eg. 2.75 and final answer to decimal places, e.g. 125.) WYSY Samsung 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, ... 2.75 and final answer to decimal places, e.g. 125.) Total costs assigned $