5 MBA 6053 Exam. X * Homework Help x Course Hero X Upload Documer X C The CEO Of MGT x |0 Verification code X G usd120 to myr - ( x + X C @ File | C:/Users/User/Downloads/MBA%206053%20Exam.pdf it Apps M Gmail . Maps learnsignal Need Advanced Audit an.. @ TestReach O ACCA Advanced Au.. ACCA APM (P5) Pap.. SST Paraphrasing Tool -.. "> Reading list MBA 6053 Exam.pdf 1 3 100% + QUESTION 1 SBS Company produces a single product. Variable manufacturing overhead is applied to products on the basis of direct labour-hours. The standard costs for one unit of product are as follows: Price and Rates (RM) Usage Cost (RM) Direct material 0.50 5kg 2.5 Direct labour 10 2 hours 20 Variable manufacturing overhead 5.00 2 hours 10 Total standard variable cost per unit RM32.5 During June, 2,000 units were produced. And the following are the actual costs incurred for the month. Actual Price and Rates | Usage Purchased Cost RM Direct material RM0.50 6kg 14,000 kg 7,000 Direct Materials Actually used 14,000kg Direct labour RM10.00 3,800 hours 38,000 Variable manufacturing overhead | RM5.00 3,800 hours 19,000 The workers are demanding that their wages to be increased. Prepare a variance analysis for direct materials, direct labour, and variable manufacturing overhead variances. Indicate whether the company should consider increasing the wages. (30 Marks) Type here to search 3:45 PM 34'C Light rain ^ 0 (x ENG 1/9/2022