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You have been given the following information about the production of Waterway Co., and are asked to provide the factory manager with information for a meeting with the vice-president of operations: Standard Cost Card $18.56 3.52 Direct materials (5.80 kg at $3.20 per kilogram) Direct labour (0.80 hours at $4.40) Variable overhead (0.80 hours at $3.20 per hour) Fixed overhead (0.80 hours at $7.00 per hour) 2.56 5.60 $30.24 The following is a production report for the most recent period of operations: Total Standard Cost Variances Spending/ Quantity/ Budget Efficiency Costs Price/Rate Volume $397.184 $6,354 F $9.472 U Direct materials Direct labour Variable overhead 75,328 3,702 U 6,116 U 54,784 $1.250 F ? Fixed overhead 119,840 480 F $14,000 U How many units were produced during the period? Number of units produced 21400 How many kilograms of raw material were purchased and used during the period? Raw materials purchased 1 kilograms What was the actual cost per kilogram of raw materials? (Round answer to 2 decimal places, e.g. 15.25.) Actual cost per kilogram $ /kg How many actual direct labour hours were worked during the period? Actual direct labour hours hours What was the actual rate paid per direct labour hour? (Round answer to 2 decimal places, e-9. 15.25.) Actual rate /hr What was the actual variable overhead cost incurred during the period? Actual variable overhead What is the total fixed overhead cost in the company's master budget? Budgeted fixed cost $ What were the master budget hours for fixed overhead? Master budget hours hours

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