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GueSiiO 3 The following information relates to Questions 1 to 2. Partially correct (Important note: Each part of this question should only be 1 mark,
GueSiiO" 3 The following information relates to Questions 1 to 2. Partially correct (Important note: Each part of this question should only be 1 mark, that is both parts should total 2 marks. However, we have upped it to 2 marks so that it can be M k2 00 I f400 . . . N W 0 combined With 4-mark questions.) Remove ag V A manufacturing company has set the following standards forthe production of one unit of product However, some information was accidentally deleted by a new accounts clerk. The budgeted number of units to be produced forthe month ofJune is 600, Direct material price per kg (3% per kg): Direct material quantity per unit of product (kg): 8.0 The actual production for the month 0 June amounted to 490 units, and the actual data recorded for the month are as follows: Direct material price per kg ($ per kg): 6.5 Direct material purchased (kg): 5835.9 Direct material quantity used (kg): ? The following variances have been reported for the month of June: Direct material price variance ($): 2, 400 U Direct material quantity variance ($): 7500 F Question 'I What is the standard direct material price per kg? Round to 2 dec places if required: Your last answer was interpreted as follows: 6.09 Question 2 What is the actual direct material quantity used? Round to 2 dec places if required. 192.10 kg Your last answer was interpreted as follows: 192:10
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