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 (8 pounds at $5 per pound) $40.00 Direct labor (0.70 hours at $10) Variable overhead (0.70 hours at $3 per hour) 7.00 2.10 Fixed overhead (0.70 hours at $7 per hour) 4.90 $54.00 The following is a variance report for the most recent period of operations. Variances Costs Total Standard Cost Price Quantity $406,400 $4,157 F $9,300 U Direct materials Direct labor 71,120 3,876 U 6,400 U Part 1 How many units were produced during the period? Number of units eTextbook and Media Attempts: 0 of 10 used Submit Answer Save for Later Part 2 How many pounds of raw materials were purchased and used during the period? Raw material pounds eTextbook and Media Attempts: 0 of 10 used Save for Later Submit Answer Part 3 What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, eg. 1.25 Actual cost per pound of raw materials lb eTextbook and Media Attempts: 0 of 10 used Save for Later Submit Answer Part 4 How many actual direct labor hours were worked during the period? Actual direct labor hours hours eTextbook and Media Attempts: 0 of 10 used Save for Later Submit Answer Part 5 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 eTextbook and Media Attempts: 0 of 10 used Save for Later Submit Answer Send to Gradebook Prev Next