Sheffield Manufacturing Company uses a standard cost accounting system. In 2022, 28,000 units were produced. Each unit took several kilograms of direct materials and 1.6 standard hours of direct labour at a standard hourly rate of $15.00. Normal capacity was 48,500 direct labour hours. During the year, 117,600 kg of raw materials were purchased at $0.95 per kilogram. All materials purchased were used during the year.

If the materials price variance was $5,880 favourable, what was the standard materials price per kilogram? (Round answer to 2 decimal places, e.g. 5.25.)

Standard price per kilogram =

$enter the standard price per kilogram in dollars rounded to 2 decimal places

If the materials quantity variance was $5,600 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, e.g. 5.17.)

Standard materials quantity per unit=

enter the standard materials quantity per unit in kilograms rounded to 2 decimal places

kilograms

What were the standard hours allowed for the units produced?

Standard hours allowed=

enter the standard hours allowed

If the labour quantity variance was $9,300 unfavourable, what were the actual direct labour hours worked?

Actual direct labour hours =

enter the actual direct labour hours

If the labour price variance was $18,168 favourable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 15.25.)

Actual rate per hour=

$enter the actual rate per hour in dollars rounded to 2 decimal places

If total budgeted manufacturing overhead was $392,850 at normal capacity, what was the predetermined overhead rate? (Round answer to 2 decimal places, e.g. 15.25.)

Predetermined overhead rate=

$enter the predetermined overhead rate in dollars rounded to 2 decimal places

What was the standard cost per unit of product? (Round intermediate calculations and final answer to 2 decimal places, e.g. 1.25.)

Standard cost per unit=

$ enter the standard cost per unit in dollars rounded to 2 decimal places

How much overhead was applied to production during the year?

Overhead applied=

$enter the overhead applied in dollars

Using selected answers above, what were the total costs assigned to work in process? (Round answer to the nearest whole dollar, e.g. 5,275.)

Total costs assigned to work in process

=

$ enter the total costs assigned to work in process in dollars rounded to the nearest whole