Sharp Company manufactures a product for which the following standards have been set:

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials $3$ feet $ $5$ per foot $ $15$

Direct labor $?$ hours $?$ per hour $?$

During March, the company purchased direct materials at a cost of $$53,730,$ all of which were used in the production of $2,875$ units of product. In addition, $4,700$ direct labor$-$hours were worked on the product during the month. The cost of this labor time was $$37,600.$ The following variances have been computed for the month:

Materials quantity variance $ $1,650$ U

Labor spending variance $ $3,100$ U

Labor efficiency variance $ $750$ U

Required:

$1.$ For direct materials:

a$.$ Compute the actual cost per foot of materials for March.

b$.$ Compute the price variance and the spending variance.

$2.$ For direct labor

a$.$ Compute the standard direct labor rate per hour.

b$.$ Compute the standard hours allowed for the month$$s production.

c$.$ Compute the standard hours allowed per unit of product.