NCE FOR MANAGER.pdf 2/8 - 100% + BangbangBoom manufactures one product called Nananera. The company uses a standar cost system and sells each unit for RM 8. At the start of monthly production, Bangbang Boor estimated 3,200 Nananera would be introduced in March. The company has established th following material and labor standards to produce one unit: Standard Quantity Standard Price Direct materials Direct labor 2.5 kgs 0.6 hours RM 3 per kg RM 10 per hour During March 2021, the following activity was recorded by the company relating to the production: 1. The company produced 3,000 units during the month. 2. A total of 8,000 kgs of materials were purchased at a cost of RM 22,000, 3. 1,600 hours of labor were incurred during the month at a total wage cost of RM 17,600. Required: (a) Calculate the following variances March: Microsoft. FF ACCT5. W Final exa...