20. Standard quantities per unit of product SDK include 2.5 kilos of direct materials and 0.75 hours of direct labor. The standard price for direct materials is $18 per kilo. The direct labor rate is $40 per hour. The standard factory overhead rate is $5 per direct labor hour. The standard cost per unit of product SDK is (rounded to the nearest $0.00) a. $75.00 b. $78.75 c. $63.00 d. $51.75 21. A company records its direct materials usage at standard cost but also records direct materials quantity variances in its accounting system. The company recorded standard quantity 37,500 gallons of direct materials costing $140,625 at the standard price. The actual quantity used was 36,000 gallons costing $135,000 at the standard price. Which of the following would be included in the journal entry to record direct materials cost? a. $5,625 Credit to Direct Materials Quantity Variance. b. $5,625 Debit to Direct Materials Quantity Variance c. $135,000 Credit to Work in Process Inventory d. $140,625 Debit to Raw Materials Inventory 22. The Kookie Company purchased and used 129,000 kilos (direct materials) in actual production, at a total cost of $1,586,700. The standard price of direct materials is $12 per kilo. The direct materials price variance is a. $3,225 unfavorable b. $38,700 unfavorable c. $38,700 favorable d. $3,225 favorable