Solving for Unknowns

Misterio Company uses a standard costing system. During the past quarter, the following variances were computed:

Variable overhead efficiency variance	$ 94,920 U
Direct labor efficiency variance	237,300 U
Direct labor rate variance	18,306 U

Misterio applies variable overhead using a standard rate of $4 per direct labor hour allowed. Three direct labor hours are allowed per unit produced. (Only one type of product is manufactured.) During the quarter, Misterio used 35 percent more direct labor hours than should have been used.

Required:

1. What were the actual direct labor hours worked? fill in the blank ________ hours

What are the total hours allowed? fill in the blank _________ hours

2. What is the standard hourly rate for direct labor? $fill in the blank __________ per hour

What is the actual hourly rate? Round your answer to the nearest cent. $fill in the blank ___________ per hour

3. How many actual units were produced? fill in the blank ___________ units