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Paragraph ist Par. No one Styles Change Styles - Select- Question 2 (This question has 3 items, (a), (b), and (c)) (4 + 4 + 4 = 12 marks) Morry Games developed a new play station called AWESOME Morry Games has a standard cost system to help control its costs. The following standards have been established for AWESOME Page 4 of 14 BUACC5933 Cost and Management Accounting Semester 1 2020 . Direct materials 15 grams per AWESOME Standard direct material cost per AWESOME is $10 Direct labour 12 hours per AWESOME Standard cost of direct labour is $14 40 per AWESOME During May the company produced 9.000 AWESOME units . . . Production data for May are Direct materials 165 000 grams were purchased at a cost of $104 000 20.000 grams of this was still in inventory at the end of the month Direct labour 11.400 direct labour hours were worked at a cost of $142 500 . Z11 PM per AWESOME is $10 Direct labour 12 hours per AWESOME. Standard cost of direct labour is $14.40 per AWESOME During May the company produced 9,000 AWESOME units Production data for May are: Direct materials: 165,000 grams were purchased at a cost of $104,000 20,000 grams of this was still in inventory at the end of the month Direct labour: 11.400 direct labour hours were worked at a cost of $142,500 Required: (a) Calculate Direct materials price and quantity variances (2 + 2 = 4 marks) Suggested Answer: (Or, you can use the given excel document to show your work for this question ) (b) Calculate Direct labour price and quantity variances (2 + 2 = 4 marks) Suggested Answer: W E