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4 BBMC2513 MANAGEMENT ACCOUNTING Question 1 (Continued) (B) MG Sdn. Bhd. uses standard costing in its production plant. The company produces a nitrile glove which

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4 BBMC2513 MANAGEMENT ACCOUNTING Question 1 (Continued) (B) MG Sdn. Bhd. uses standard costing in its production plant. The company produces a nitrile glove which is known as "AA Nitrile Glove". The budgeted data, standard product cost information and the actual results for the month ended 30 April 2021 are given below: Budgeted and standard cost data: Budgeted sales and production for the month : 10,000 units Standard cost for each unit of product: Direct materials : 12kg at RM1.05 per kg Direct labour 6 hours at RM3.20 per hour Actual results for the month ended 30 April 2021: Production : 9,500 units Direct materials 92,000kg at RM1.20 per kg Direct labour : 46,000 hours at RM3.30 per kg Required

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