You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card Direct materials (9 pounds at $5 per pound) $45.00 Direct labor (0.80 hours at $10) 8.00 Variable overhead (0.80 hours at $3 per hour) 2.40 Fixed overhead (0.80 hours at $8 per hour) 6.40 $61.80 The following is a variance report for the most recent period of operations. Variances Costs Total Standard Cost Price Quantity Direct materials $405,000 $8,290 F $9,500 U Direct labor 72,000 4,367 U 7,400 U

How many units were produced during the period?

Number of units

=

How many pounds of raw materials were purchased and used during the period?

Raw material

pounds

What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, e.g. 1.25.)

Actual cost per pound of raw materials

$

/lb

How many actual direct labor hours were worked during the period?

Actual direct labor hours

hours

What was the actual rate paid per direct labor hour? (Round answer to 2 decimal places, e.g. 1.25.)

Actual rate paid per direct labor hour

$

/hr

You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Direct materials (9 pounds at $5 per pound) Direct labor (0.80 hours at $10) Variable overhead (0.80 hours at $3 per hour) Fixed overhead (0.80 hours at $8 per hour) Standard Cost Card $45.00 8.00 2.40 6.40 $61.80 The following is a variance report for the most recent period of operations. Costs Direct materials Direct labor Variances Total Standard Cost Price Quantity $405,000 $8,290 F $9,500 U 72,000 4,367 U 7,400 U