The Conrad Company makes one product. The standard amount of material per unit is set at 2

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The Conrad Company makes one product. The standard amount of material per unit is set at 2 kilograms, with a standard price per kilogram of €3. During the month, 6,000 units were produced. 11,800 kilograms of material were used, at an average cost per kilogram of €3.20.

A. Compute the total standard cost of producing 6,000 units.

B. Compute the actual cost of production.

C. Compute the total materials variance.

D. Compute the materials usage variance.

E. Compute the materials price variance.

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