You have been given the following list of variances for the Pennadi Company Direct materials price variance Direct materials quantity variance Direct labour rate variance Direct labour efficiency variance Variable overhead spending variance Variable overhead efficiency variance Fixed overhead budget varianc Fixed overhead volume variance $11,900 U 11,400 U 19,320 F 30,000 U 3,060 U 5,900 U 4,900 U 63,600 F You have also been given the following information Actual units produced Budgeted units of production (normal volume) Standard labour-hours for actual output Standard material units for actual output Actual direct labour costs Actual cost of direct materials 25,000 20,000 15,000 390,000 $235,680 $458,150 Overhead is applied using direct labour-hours. Variable overhead is applied at the rate of $11 per direct labour-hour. The materials purchase price was $0.770.(Attempt the following questions in the order listed.) 2. What was the standard cost of the actual number of units of direct materials purchased and the standard price of direct materials? (Round your answer to 2 decimal places.) Standard cost 5 How much direct materials were consumed in production? Direct materials units 6. How many actual direct labour-hours were worked? Direct labour-hours hours 7. What was the standard cost per unit of output produced, assuming that variable costing was used? Standard cost per unit 8. Calculate the budgeted fixed overhead cost allocation rate. (Round your answer to 2 decimal places.) Fixed overhead cost