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The Bennett Company uses standard costing. The company makes and sells a single products called “The Hopper”. The following data are for the month of October. Note: all materials purchased was used in production. There were no beginning or ending raw materials inventories.Actual cost of direct labor $65,975Labor rate variance 2,275 UTotal labor variance 7,175 UStandard cost per direct labor hour $7Standard cost per pound of material $6Actual pounds of material used 11,200Material price variance $2,800 FStandard pounds of material per unit 2.5Total materials variance $1,400 U1.)The total number of units of “The Hopper” produced during October wasA.)9,100B.)4,480C.)8,400D.)4,2002.)The standard direct labor hours allowed to produce one unit of “The Hopper” wasA.)2 hoursB.)3 hoursC.)1.75 hoursD.)2.17 hours3.)The actual labor cost per hour wasA.)$7.00B.)$7.85C.)$7.25D.)$8.004.)The actual material cost per pound wasA.)$6.40B.)$5.75C.)$5.40D.)$6.25
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