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thy Compary uses a standard cost accounting system. In 2022 , the company produced 28,300 units. Each unit took several pounds of direct materials and
thy Compary uses a standard cost accounting system. In 2022 , the company produced 28,300 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct thber at a standard hourly rate of $13.00. Normal capacity was 49.900 direct labor hours. During the vear, 131,200 pounds of raw materials were purchased at $0.94 per pound All materials purchased were used daring the year. (a) Your amwer is correct. If the materials price variance was $1,312 favorable. What was the standard materials price per pound? (Round onswer to 2 decimal ploces, es. 2.75. Standard ematerials price per pound Attempts: 1 of 3u the materials quantity variance was $17,100 unftivorable, What was the standard materials quantity per unit? Standard materials quantity per unit pounds
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