Variances Costs Total Standard Cost Price Quantity Open Show Work Question 5 You

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Variances Costs Total Standard Cost Price Quantity Open Show Work Question 5 You have been given the following information about the production of Horatio Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. The following is a variance report for the most recent period of operations. How many units were produced during the period? (Round answers to 0 decimal places, e.g. 125.) How many pounds of raw material were purchased and used during the period? (Round answers to 0 decimal places, e.g. 125.) What was the actual cost per pound of raw materials? (Round to 2 decimal places, e.g. 1.25.) How many actual direct labor hours were worked during the period? (Round answers to 0 decimal places, e.g. 125.) What was the actual rate paid per direct labor hour? (Round to 2 decimal places, e.g. 1.25.)

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