ounySTUDENTS Chapter 10 s using significant memory Closing it may improve the responsiveness of your Mac. opter 10 Help Save& ExitSub Check my wor Case 10-17 Working Backwards from Variance Data [LO10-1, LO10-2, LO10-3 itex, Inc. manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Standard Oaantity or Direet 1abor Varlable manufacturing overhead 2-10 pounds 16-30 per pound 1.00 hours $15.10 pez hour ud15 15.10 1.00 hours 9.50 per hour.0 total standard cost per unit 226,500 3.200 $15,100 142,500 s 4,000 Variable manufacturing overhead Applied to Work in Process during the period The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours All of the materials purchased during the period were used in production. Work in process inventories are insignificant and can be ignored Required: 1 How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3 What was the actual cost per pound of materia? (Round your answer to 2 decimal places.) 5