Part 1: Stor Company produces a single product. During the past month, the company purchased 7,000 kilograms of direct materials at a cost of $26,250. All of this material was used in the production of 1,300 units of product. The following variances have been calculated: Materials price variance $1,750 F Total materials variance $250 U Required: For direct material, calculate the standard price per kilogram. (4 marks)