1.4 A company sells Product A for 150.00. They have direct costs in terms of purchasing, packaging and freight The purchase price is 60.00, the packaging is 5.00 and the freight is 10.00 What is the contribution per unit? Select one alternative: O 80 O 75 O 90 O 85 Question 2 A. Define BUDGET and list six purposes of budgeting. (8 Marks) B. Product P234 has a standard direct labour cost per unit of 0.5 hours @ 12 per direct labour hour = 6 per unit During December 3,000 units were manufactured. These took 1,400 hours to make and the direct labour cost was 16,200 Calculate for the month 1. The total direct labour cost variance 2. The direct labour rate variance 3. The direct labour efficiency variance (12 Marks)