la View History Bookmarks Window Help Hoducation.com G M Saved Help oject #3 Vitex, Inc. manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Standard Quantity o Hours 2.10 pounds 1.00 hours 1.00 hours (2) Standard Pri or Race $17.00 per pound $15.60 per hour 5 9.40 per hour Standard Coet (11 (2) $35.70 Input Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit $15.60 $60.70 Total Variances oported Standard Price Quantity or Conte OE Nate articleney Direct materiale $678.300 312,151 $34.000 Direct labor $296,400 $ 4.000 U $15.600 Variable manufacturing overhead 5178,600 $ 4.700 $ "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 material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual tate pold per direct labor hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period? Prov 1 of 3 !!! Next >