.4 A company operates a standard cost system to control the variable works cost of its only prodact. The following are details of actual production, costs and variances for November 2015. Productien and Cost (Actual) Production Direct Materiall (1,05,000 kg.) Direct Labor( 19,500 hours) Variable overheads 10,000 units Rs. 5,20,000 Rs. 3,08,000 Rs. 4,10,000 Costs Variances Direct Material- Price Direct Material- Usage Direct Labor-Rate Rs. 5,000 (F) Rs. 25,000 (A) Rs. 15,500 (A) Scanned by CamScanner Rs 7,500 (F The Cost ascountant finds that the oniginal standand cot data for the product is misning from the cost deparoment files. The varianse analysis for December 201 You are reqaired to calcelate L Standand Price per kg, of direct material Standard Quantity foe ech unit of outpu iv. Standard Time for sctual production Sandard Variable Overhcad Rate 1io1