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. Damak Holdings produces a special box called Max. The company has recently created a standard cost system to help control costs and has established
. Damak Holdings produces a special box called Max. The company has recently created a standard cost system to help control costs and has established the following standards for Max box:
Direct materials; 6 kg per box at RM 10.50 per kg
Direct labour: 3.3 hours per box at RM 31 per hour
During July, the company produced 3,000 Max. The box's production data for the month
as follows:
Direct materials purchased: 25,000 kg @ RM 10.20 per kg
Direct materials balance: 5,000 of kg,
Direct labour hours worked: 4,000 direct labour hours @ RM 288,000.
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