Vitex, incorporated manufactures a popular consumer product ond it has provided the following data excerpts from its standard cost system: "Applied to Work in Process during the period The company's manufacturing overnead cost is applied to production on the bas's of direct labor-hours. All of the materfals 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 onswer to 2 decimal places.) 6. How much actual varlable manufacturing overnead cost was incurred during the period? Marvel Parts, Incorporated, manufactures auto accessones. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for ail of its products. According to the standards that have been set for the seat covers, the factory should work 1.035 hours each month to produce 2.070 sets of covers. The standard costs assoclated with this level of production are: Duning August, the factory worked only 500 direct labor-hours and produced 1,700 sets of covers. The following actuai costs were recorded during the month: At standard, each set of covers should require 2.0 yards of materlal. All of the materials purchased during the month were used in production. Requlred: 1. Compute the materials price and quantity variances for August. 2 Compute the labor rate and efficlency variances for August. 3. Compute the variable overhead rate and efficiency variances for August (Do not round intermedlate calculations. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfevorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.)