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311 Finance X + eridancollege.ca/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=890384&isprv=&drc=1&qi=626909&cfql=0... T 4: THE STANDARD & REPORTING FOR CONTROL Lavleen Kaur Cheema: Attempt 1 Standard price per kg of materials $3.60

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311 Finance X + eridancollege.ca/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=890384&isprv=&drc=1&qi=626909&cfql=0... T 4: THE STANDARD & REPORTING FOR CONTROL Lavleen Kaur Cheema: Attempt 1 Standard price per kg of materials $3.60 Actual quantity of materials purchased 1,600kg Standard quantity of materials to be used in production 1,450kg Materials price variance $240F What was KokoLo Manufacturing's actual purchase price per unit of material? NB: round up to the nearest cent. $3.75/kg $4.00/kg $3.45/kg $4.20/kg

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