Submitted to Cradeboak, Sun, Apr 14,2019,7:42-5b PM (America/Now Yark-04.0a Question8 0.55/5 Kansas Company uses a standard cost accounting system. In 2020, the company produced 27,600 units. Each unit took saveral pounds af direct materials and 1.6 standard hours of direct lahar at a standard hourly rate of $13.00. Normal capacity was 49,700 dirert labor hours. During the year, 130,a00 pounds of raw materials wera purchasedat $0.91 per pound. All materials purchased were used during the year. la) Your answer is correct If the materials price variance was $5,232 favorable, what was the standard materials price per pound?(Round answer to 2 decimal places, eg. 2.75 Standard materials price per pound Attempts: 1ot 4used If the materials quantity variance was $19380 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit pounds Attempts: 0 of 4 used Sao for Later Check Anawer Submitted to Cradeboak, Sun, Apr 14,2019,7:42-5b PM (America/Now Yark-04.0a Question8 0.55/5 Kansas Company uses a standard cost accounting system. In 2020, the company produced 27,600 units. Each unit took saveral pounds af direct materials and 1.6 standard hours of direct lahar at a standard hourly rate of $13.00. Normal capacity was 49,700 dirert labor hours. During the year, 130,a00 pounds of raw materials wera purchasedat $0.91 per pound. All materials purchased were used during the year. la) Your answer is correct If the materials price variance was $5,232 favorable, what was the standard materials price per pound?(Round answer to 2 decimal places, eg. 2.75 Standard materials price per pound Attempts: 1ot 4used If the materials quantity variance was $19380 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit pounds Attempts: 0 of 4 used Sao for Later Check Anawer