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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

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 CardDirect materials (7 pounds at $5 per pound)$35.00Direct labor (0.80 hours at $10)8.00Variable overhead (0.80 hours at $5 per hour)4.00Fixed overhead (0.80 hours at $8 per hour)6.40$53.40

The following is a variance report for the most recent period of operations.

Variances

Costs

Total Standard Cost

Price

Quantity

Direct materials$409,500$8,386F$9,800UDirect labor93,6005,035U7,100U

  1. How many units were produced during the period?
  2. How many pounds of raw materials were purchased and used during the period?
  3. What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, e.g. 1.25.)
  4. How many actual direct labor hours were worked during the period?
  5. What was the actual rate paid per direct labor hour? (Round answer to 2 decimal places, e.g. 1.25.)

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