C 1 H 1 Question 4 D E 25 Minutes 10 Marks M O Cresting produces medical devices for hospitals in Ottawa. The company currently utilizes a standard costing system Below outlines the standard cost for Crust's most popular product, the heart monitor Quantity Required Standard 4 for One Monitor Rate/Price 5 Direct Materials 3.0 S 12.50 per ke 6 Variable Milcturing Overhead 3.0 hours 5 6.00 per hour T Direct labor 2.0 hours $18.25 per hour Fred Overhead 1.5 hours S: 95 per hour 9 Overhead is allocated based on direct labour hours and the average production volume of 18.000 a monitors. The 15 currently utilizes 90% of the maximum capacity 11 12 Below is information related to the February 2002 production in which 20.000 monitors were produced Cort 34 15 Direct Matelas purchased 16 ct materials used 17 Ditect Labour In Variable Ovet 10 and Overhead Quantity 68.000 65.000 28.000 BAN 21 REQUIRED Al calculate the standard quantity of material needed to 20.000 mort i mark Calculate the standard quantity of our bours needed to me 20.000 mot mark 2 Calculate the rect Materia Prie Valence (2 marka Di Calate the Direct Materials antity Vance 12 marts Calculate Direct Labour ideno Vanane (2 marka Calculate the Variable Overhead Sendine? Tour Response C 1 H 1 Question 4 D E 25 Minutes 10 Marks M O Cresting produces medical devices for hospitals in Ottawa. The company currently utilizes a standard costing system Below outlines the standard cost for Crust's most popular product, the heart monitor Quantity Required Standard 4 for One Monitor Rate/Price 5 Direct Materials 3.0 S 12.50 per ke 6 Variable Milcturing Overhead 3.0 hours 5 6.00 per hour T Direct labor 2.0 hours $18.25 per hour Fred Overhead 1.5 hours S: 95 per hour 9 Overhead is allocated based on direct labour hours and the average production volume of 18.000 a monitors. The 15 currently utilizes 90% of the maximum capacity 11 12 Below is information related to the February 2002 production in which 20.000 monitors were produced Cort 34 15 Direct Matelas purchased 16 ct materials used 17 Ditect Labour In Variable Ovet 10 and Overhead Quantity 68.000 65.000 28.000 BAN 21 REQUIRED Al calculate the standard quantity of material needed to 20.000 mort i mark Calculate the standard quantity of our bours needed to me 20.000 mot mark 2 Calculate the rect Materia Prie Valence (2 marka Di Calate the Direct Materials antity Vance 12 marts Calculate Direct Labour ideno Vanane (2 marka Calculate the Variable Overhead Sendine? Tour Response