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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. Direct materials (6 pounds at $5 per pound) Direct labor (0.70 hours at $10) Variable overhead (0.70 hours at $3 per hour) Fixed overhead (0.70 hours at $8 per hour) Standard Cost Card $30.00 7.00 2.10 5.60 $44.70 The following is a variance report for the most recent period of operations. Variances Total Standard Cost Price Quantity $408,000 $4,171 F $9,100 U 95,200 4,108 U7,500 U Costs Direct materials Direct labor (a) How many units were produced during the period? (Round answers to O decimal places, e.g. 125.) Number of units b) How many pounds of raw material were purchased and used during the period? (Round answers to O decimal places, e.g. 125.) Raw material pounds (c) What was the actual cost per pound of raw materials? (Round to 2 decimal places, e.g. 1.25.) Actual cost per pound of raw materials (d) How many actual direct labor hours were worked during the period? (Round answers to O decimal places, e.g. 125.) Actual direct labor hours hours (e) What was the actual rate paid per direct labor hour? (Round to 2 decimal places, e.g. 1.25.) Actual rate paid per direct labor hour $ /hr
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