QUESTION SIX: VARIANCES Part A During May, Campbell Ltd's material purchases amounted to 6 500 kilograms at a price of $24 per kilogram. Actual costs incurred in the production of 2 000 units were as follows: Direct Labour Direct Material $266,062.50 $103,200 $41.25 hour $24 per kilogram The standards for one unit of product are as follows: Direct Labour Quantity 3 hours per unit Rate: 54080 per hour Direct Material Quantity: 2 kilograms per unit Rate: 52480 per kilogram