ACCT 2102 - Chapter 10 - Practice Problem Chapter 10: All Green Lights We have the following information related to All Green Lights' operation in April. Direct Material Information: Cost of direct materials purchased and used: Material price variance: Total materials variance: Std. cost per pound of material (per lb.): $ 62,400.00 $ 4,800.00 Unfavorable $ 14,400.00 Unfavorable $ 6.00 Per Ib. Direct Labor Information: Std. cost per direct labor hour (per hour): Actual DL hours logged Labor efficiency variance: Actual number of direct labor hours per unit of product: Total labor variance: $ 8.00 3,800 hours $ 1,600 Favorable 2 DL Hrs. / unit $ 680.00 Unfavorable Calculate the following... 1) Total number of units produced in April? 2) Standard quantity of material allowed to produce one unit of product 3) Actual material cost per pound? 4) Actual direct labor rate per hour? 5) Labor rate variance (state dollar amount AND if favorable or unfavorable