Reference no: EM132510648

You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations.

Standard Cost Card

Direct materials (9 pounds at $5 per pound) $45.00

Direct labor (0.70 hours at $10) $ 7.00

Variable overhead (0.70 hours at $5 per hour) $ 3.50

Fixed overhead (0.70 hours at $7 per hour) $ 4.90

                                                               $60.40

The following is a variance report for the most recent period of operations.

Variances

                             Costs Total Standard        Cost Price     Quantity

Direct materials       $409,500                       $4,188 F       $9,300 U

Direct labor             63,700                       4,893 U              6,200 U

Question 1: How many units were produced during the period?

Question 2: How many pounds of raw materials were purchased and used during the period?

Question 3: What was the actual cost per pound of raw materials?

Question 4: How many actual direct labor hours were worked during the period?

Question 5: What was the actual rate paid per direct labor hour?