Waterways Corporation uses very stringent standard costs in evaluating its manufacturing efficiency. These standards are not ideal" at this point, but the management is working toward that as a goal. At present the company uses the following standards. Materials Item Per unit Cost Metal 1 lb. 634 per lb. Plastic 12 oz. $1.00 per lb. Rubber 884 per lb. Direct labor Item Per unit Cost Labor 15 min $9.00 per hr. Predetermined overhead rate based on direct labor hours - $3.84 4 oz. The January figures for purchasing, production, and labor are: The company purchased 221,800 pounds of raw materials in January at a cost of 78 a pound. Production used 221,800 pounds of raw materials to make 112.000 units in January Direct labor spent 18 minutes on each product at a cost of $8.80 per hour. Overhead costs for January totaled $37,559 variable and $75,000 fixed Answer the following questions about standard costs. We the following questions Mandados 125 Materials private 5 Textbook and Media What is the main perunda 125 Materiali Tenbook and Medla What is the total material varlanen! Round per unit collates to decimales 125 and find emer to declined 125) Total matras variance 5 Tedbook and Media What is the labor riceverance Bound per unit tellution 2 decimal places 1.3 astfel decim, 1953 Labore 5 Textbook and Media What is the bottom 125 * 125 Lumity 3 What is the total stor variance and per un comedecimos 125 and findes 125) Totaltabore 5 cTextbook and Media What is the total whead various promedio 125 and 125 Total covered 5