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Sharp Company manufactures a product for which the following standards have been set s 5 per foot ? per hour s 15 Direct materialts Direct

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Sharp Company manufactures a product for which the following standards have been set s 5 per foot ? per hour s 15 Direct materialts Direct labor hours Durng March, the company purchased direct matertals at a cost of $45,240, all of which were used in the production of 2190 units of product. In addition, 4,500 direct labor-hours were worked on the product during the month The cost of this labor time was $31500 The following variances have been computed for the month Materials quaetity variance Labor spending varlance Labor efficiency variance s 7s 1 For direct materials a. Compute the actual cost per foot of matenals for March 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 aliowed for the month's production c Compute the standard hours alowed per unt of product Complete this question by entering your answrers in the tabs below. Raq 14 Rea ie Rec 2 web and Windows acer F2 F3 F4 F5 F6 F7 F8 F9 F10

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