Question: View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing Company uses a standard cost accounting system. In 2020,28,000 units were produced. Each unit

 View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing

View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing Company uses a standard cost accounting system. In 2020,28,000 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 $15. Normal capacity was 48,500 direct labour hours. During the year, 117,600 kg of raw materials were purchased at $0.95 per kilogram. All materials purchased were used during the year. (a) Your answer is correct. If the materials price variance was $5,880 favourable, what was the standard materials price per kilogram? (Round answer to 2 decimal places, eg. 5.25.) Standard price per kilogram $ e Textbook and Media Attempts: 1 of 2 used (b) Your answer is correct. If the materials quantity variance was $5.600 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, e.g. 5.17.) Standard materials quantity per unit 4.00 kilograms e Textbook and Media Attempts: 2 of 2 used (C) What were the standard hours allowed for the units produced? Standard hours allowed

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