1. Fruit-n-Berries, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one (1) unit of Fruta:

Standard Quantity

Standard Price or Rate

Standard Cost

Direct materials

1.5 pounds

6 per pound

Direct labor

0.6 hours

12 per hour

Variable overhead

0.6 hours

per hour

The following activities were recorded by the company relative to the production of Fruta:

a. The company produced 3,000 units during the month.

b. A total of 8,000 pounds of material were purchased at a cost of 46,000.

c. There was no beginning inventory of materials on hand to start the month; at the end of the month, 3,000 pounds of material remained in the warehouse unused.

d. The company employs 10 persons to...