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Solving for Unknowns Misterio Company uses a standard costing system. During the past quarter, the following variances were computed: more direct labor hours than should

image text in transcribed Solving for Unknowns Misterio Company uses a standard costing system. During the past quarter, the following variances were computed: more direct labor hours than should have been used. Required: 1. What were the actual direct labor hours worked? hours What are the total hours allowed? hours 2. What is the standard hourly rate for direct labor? $ per hour What is the actual hourly rate? Round your answer to the nearest cent. $ per hour 3. How many actual units were produced? units

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