The Lynbrook Corporation produces and sells taffy by the bag and uses a standard cost system to collect costs related to production. The following information relates to Lynbrooks operations for last month:

Number of bags of taffy sold 100,000

Standard price of direct material (per pound) $0.80

Standard direct labor rate per hour $14.00

Actual quantity of direct materials purchased (in pounds) ???

Standard quantity of direct materials per bag (in pounds) 1.1

Actual quantity of direct materials used ???

Standard quantity of direct labor per bag (in hours) ???

Number of bags produced 120,000

Actual price paid for direct materials (per pound) $0.81

Actual direct labor rate per hour ???

Actual quantity of direct labor (in hours) 13,000

Labor rate variance $2,600 F

Materials quantity variance $7,200 U

Materials price variance $1,400 U

Labor efficiency variance $19,600 F

Required:

Compute the unknown quantities above. (Numbers 4, 6, 7, and 10.)