# Actual purchase price per unit of materials

1) Compute the actual hours worked, rounded to the nearest hour.

2) Compute the actual purchase price per unit of materials, rounded to the nearest penny

Standard direct labor rate $14.00

Actual direct-labor rate $ 12.20

Standard direct-labor hours 12,000

Direct-labor usage variance-unfavorable $14,140

Standard unit price of materials $ 4.50

Actual quantity purchased and used 1,800

Standard quantity allowed for actual production 1,650

Materials purchase price varieance-favorable $288

https://brainmass.com/business/accounting/actual-purchase-price-per-unit-materials-75296

#### Solution Preview

1) Compute the actual hours worked, rounded to the nearest hour.

2) Compute the actual purchase price per unit of materials, rounded to the ...

#### Solution Summary

This provides the steps to calculate the actual purchase price per unit of materials.

$2.19