The Anton Company manufactures wooden magazine stands. An accountant for Anton just fin ished completing the variance report for the current month. After printing the report, his com puter's hard disk crashed, effectively destroying most of the actual results for the month. All that the accountant remembers is that actual production was 220 stands and that all materials per chased were used in production. The following information is also available: 3 square feet per stand $0.25 per square foot Current Month: Budgeted Amounts Budgeted production: 200 magazine stands Direct materials: Wood Usage Price Direct labor: Usage Rate Variable overhead (allocated based on direct labor hours) Rate per labor hour Rate per stand Fixed overhead (allocated based on direct labor hours) Rate per Inbor hour Rate per stand 5 hours per stand $10 per hour $4 $2 S6 S3 Current Month: Variances Direct materials price variance Direct materials quantity vanance Direct laborate variance Direct labor efficiency wariance Overhead volume variance Overhead spending variance $33 Unfavorable -0- 231 Favorable 550 Unfavorable 60 Favorable 210 Unfavorable Instructions Using the budget for the current month and the variance report, construct the items below. a. What was the actual purchase price per square foot of wood? b. How many labor hours did it actually take to produce cach stand? c. What was the actual wage rate paid per hour? d. What was actual total overhead for the month