Question: Please provide updated solution for the last question. PRINTER VERSION BACK NEXT Problem 12.46A a-i Crede Manufacturing Company uses a standard cost accounting system. In


Please provide updated solution for the last question.
PRINTER VERSION BACK NEXT Problem 12.46A a-i Crede Manufacturing Company uses a standard cost accounting system. In 2020, 26,000 units were produced. Each unit took several kilograms of direct materials and 1.6 standard hours of direct labour at a standard hourly rate of $9. Normal capacity was 50,900 direct labour hours. During the year, 117,000 kg of raw materials were purchased at $0.95 per kilogram. All materials purchased were used during the year. Your answer is correct. If the materials price variance was $5,850 Favourable, what was the standard materials price per kilogram? (Round answer to 2 decimal places, 29. 5.25.) Standard price per kilogram 1.00 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Your answer is correct. If the materials quantity variance was $5,200 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, e.g. 5.17.) Standard materials quantity per unit 4.3 kilograms SHOW SOLUTION SHOW ANSWER x Your answer is incorrect. Try again. Using selected answers above, what were the total costs assigned to work in process? (Round answer to the nearest whole dollar, e.g. 5,275.) Total costs assigned to work in process 832,214 Question Attempts: 1 of 2 used SAVE FOR LATER
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
