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Vitex, Incorporated manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system: Inputs Direct materials Direct labor

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Vitex, Incorporated manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system: Inputs Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit (1) Standard Quantity or Hours 2.50 pounds 1.00 hours 1.00 hours (2) Standard Price or Standard Cost Rate (1) (2) $ 17.10 per pound $ 42.75 $ 15.60 per hour $ 15.60 $ 9.30 per hour $9.30 $ 67.65 Total Variances Reported Standard Quantity or Costa Price or Rate Direct materials Efficiency $ 684,000 $ 12,180 F $ 34,200 U Direct labor $ 249,600 $ 3,400 V $ 15,500 u Variable manufacturing overhead $ 148,800 $ 4,700 satu "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 perlod? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual rate paid per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period? Required: 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual rate paid per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period? Answer is not complete. 1. Number of units produced 2. Pounds of direct material purchased and used in production 3. Actual cost per pound 4. Actual direct labor hours 5. Actual rate per direct labor-hour 6. Actual variable manufacturing overhead cost 16.000 4,339 $ 6.14 17,000 $ 15.80

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