1. Information is given from standard cost card
     

Inputs Direct materials Direct labor Variable manufacturing overhead Actual results: Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost $ Standard Quantity 3.0 pounds 0.50 hours 0.50 hours 1,950 units 7,167.50 Actual Quantity 6,060 pounds 1,175 hours 69 69 $ $ $ 69 Standard Price 4.00 per pound 22.00 per hour 6.00 per hour Actual price 3.80 per pound 22.50 per hour