Vitex, Inc. manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Standard Quantity or Standard Price or Rate Standard Cost Inputs Direct materials Direct labor Variable manufacturing overhead Hours 2.40 pounds 1.00 hours 1.00 hours $16.90 per pound $16.00 per hour 9.50 per hour $40.56 $16.00 9.50 $66.06 Total standard cost per unit Total Standard Variances Reported Price Quantity or Eff 33,800 U Cost* $811,200 $.14,500 F $320,000 $ 4,200 U $190,000 or Rate iciency Direct materials Direct labor 16,000 U Variable manufacturing overhead 4,000 F Applied to Work in Process during the period The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materials purchased during the period were used in production. Work in process inventories are insignificant and can be ignored Required 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production