You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with information for a meeting with the vice-president of operations:

The following is a production report for the most recent period of operations:

Instructions
(a) How many units were produced during the period?
(b) How many kilograms of raw material were purchased and used during the period?
(c) What was the actual cost per kilogram of raw materials?
(d) How many actual direct labour hours were worked during the period?
(e) What was the actual rate paid per direct labour hour?
(f) What was the actual variable overhead cost incurred during the period?
(g) What is the total fixed cost in the company's flexible budget?
(h) What were the master budget hours for fixed overhead?

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Standard Cost Card Direct materials (6 kg at $3 per klogram) Direct labour (0.8 hours at $5) Variable overhead (0.8 hours at $3 per hour) Fixed overhead (0.8 hours at $7 per hour) $18.00 4.00 2.40 5.60 30.00 Variances Total Spending/ Quantity Standard Cost Price/ Rate Budget Efficiency Volume Costs Direct materials Direct labour Variable overhead Fixed overhead $9,000 U 7,000 U $405,000 $6,900 F 4,850 u 90,000 54,000 126,000 $1,300 F 500 F $14,000 U