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

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials $3$ feet $ $11$ per foot $ $33$

Direct labor $?$question mark hours $?$question mark per hour $?$question mark

During March, the company purchased direct materials for $$111,300,$ all of which were used in the production of $3,200$ units. In addition, $4,900$ direct labor$-$hours were worked on the product during the month. The cost of this labor time was $$95,550.$ The following variances have been computed for the month:

Materials quantity variance $ $4,400$ U

Labor spending variance $ $450$ F

Labor efficiency variance $ $2,000$ U

Required:

For direct materials:

Compute the actual cost per foot of materials for March.

Compute the price variance and the spending variance.

For direct labor:

Compute the standard direct labor rate per hour.

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

Compute the standard hours allowed per unit of product.