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Bonita Manufacturing Company uses a standard cost accounting system. In 2022, 27,000 units were produced. Each unit took several kilograms of direct materials and
Bonita Manufacturing Company uses a standard cost accounting system. In 2022, 27,000 units were produced. Each unit took several kilograms of direct materials and 1.6 standard hours of direct labour at a standard hourly rate of $15.00. Normal capacity was 49,600 direct labour hours. During the year, 113,400 kg of raw materials were purchased at $0.92 per kilogram. All materials purchased were used during the year. If the materials price variance was $9,072 favourable, what was the standard materials price per kilogram? (Round answer to 2 decimal places, eg. 5.25.) Standard price per kilogram $ If the materials quantity variance was $5,400 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, eg. 5.17) Standard materials quantity per unit kilograms What were the standard hours allowed for the units produced? Standard hours allowed If the labour quantity variance was $10,950 unfavourable, what were the actual direct labour hours worked? Actual direct labour hours
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