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4c You have been given the following information about the production of Pharoah Co, and are asked to provide the factory manager with information for
4c
You have been given the following information about the production of Pharoah Co, and are asked to provide the factory manager with information for a meeting with the vice-president of operations Standard Cost Card Direct materials (5.20 kg at $3,40 per kilogram! $17.68 Direct labour (0.50 hours at $410) 2.05 Variable overhead (0.50 hours at $3.40 per hour) 1.70 Fixed overhead (0:50 hours at $6.00 per hour) 3.00 $2443 The following is a production report for the most recent period of operations: Variances Spending/ Quantity Budget Efficiency Total Standard Cost Costs Price/Rate Volume $332 384 $5.029 F $9,588 U Direct materials Direct labour 38,540 2.685 U 5,494 U 31,960 Variable overhead $1.300F 2 56,400 400 F Fixed overhead $11.820 U MacBook Air What was the actual cost per kilogram of raw materials? (Round answer to 2 decimal places, eg, 15.25.) Actual cost per kilogram $ /kg Step by Step Solution
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