Question $17$

$1$ pts

$($The following data is used in questions $17$ through $23)$

Shrute Corporation makes a product with the following standard costs:

$\backslash$table$[[,$Standard Quantity or Hours,Standard Price or Rate$],[$Direct materials,$7\mathrm{.}8$ kilos,$$5\mathrm{.}00$ per kilo$],[$Direct labor,$0\mathrm{.}6$ hours,$$12\mathrm{.}00$ per hour$],[$Variable overhead,$0\mathrm{.}6$ hours,$$6\mathrm{.}00$ per hour$]]$

The company reported the following results concerning this product in August.

Actual output

$8,100$ units

Raw materials used in production

$62,750$ kilos

Purchases of raw materials

$56,900$ kilos

Actual direct labor$-$hours

$4,450$ hours

Actual cost of raw materials purchases $$293,035$

Actual direct labor cost $$55,520$

Actual variable overhead cost

$$27,930$

The company applies variable overhead on the basis of direct labor$-$hours.

Compute the actual price per kilo of direct materials purchased in August.