For direct labor: Compute the standard direct labor rate per hour. (Do not round intermediate calculations.) Standard direct labor rate per hour Compute the standard hours allowed for the month's production. Standard hours Compute the standard hours allowed per unit of product. (Round your answer to 1 decimal place.) Sharp Company manufactures a product for which the following standards have been set: During March, the company purchased direct materials at a cost of $54,630, all of which were used in the production of 2,875 units of product. In addition, 4,700 hours of direct labor time were worked on the product during the month. The cost of this labor time was $47,000. The following variances have been computed for the month: For direct materials: Compute the actual cost per foot for materials for March. (Round your answer to 2 decimal places.)