Waterway Company uses a standard cost accounting system. In 2022, the company produced28,500units. Each unit...

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Waterway Company uses a standard cost accounting system. In 2022, the company produced28,500units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $11.00. Normal capacity was49,800direct labor hours. During the year,131,700pounds of eaw materials were purchased at $0.90 per pound. All materials purchased were used during the year. Using one or more answers above, what were the total costs assigned to work in process? (Round standard cost per unit to 2 decimal places, eg. 2.75 and final answer to 0 decimol ploces, eg. 125.) Total costs assigned If the materials price variance was $5,268 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, eg. 2.75.) Standard materials price per pound eTextbook and Media If the materials quantity variance was $16,638 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit pounds What were the standard hours allowed for the units produced? Standard hours allowed hours If the labor quantity variance was $7,700 unfavorable, what were the actual direct labor hours worked? Actual hours worked hours If the labor price variance was $18,520 favorable, what was the actual rate per hour? (Round answer to 2 decimol places, es. 2.75.) Actual rate perhour $ If total budgeted manufacturing overhead was $368,520 at normal capacity, what was the predetermined overhead rate based on direct labor hours? (Round answer to 2 decimal places, eg. 2.75.) Predetermined overhead rate $ eTextbook and Media What was the standard cost per unit of product? (Round answer to 2 decimal places, eg. 2.75.) Standard cost per unit $ How much overhead was applied to production during the year

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