During April, Rain Gear Unlimited produced 5,500 umbrellas from mylon that costs $0.45 per yard, which is $0.05 cheaper than the standard. It also used 3,000 direct labor hour rate of $6.50. Its direct materials standard is 1 yard per umbrella. Its direct labor standard Is 0.5 hour per umbrella.
Its materials usage variance was favorable $500 and Its labor rate variance was a favorable $900.
Required:
a. Calculate the actual quantity of materials.
b. Calculate the standard labor rate.