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PLEASE ANSWER THE FOLLOWING QUESTIONS Problem 12.40A a-h You have been given the following information about the production of Gamma Co., and are asked to

PLEASE ANSWER THE FOLLOWING QUESTIONS

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Problem 12.40A a-h You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: Direct materials (5.80 kg at $3.40 per kilogram) Direct labour (0.80 hours at $4.30) Variable overhead (0.80 hours at $3.40 per hour) Fixed overhead (0.80 hours at $7 per hour) Standard Cost Card $19.72 3.44 2.72 5.60 $31.48 The following is a production report for the most recent period of operations: Volume Direct materials Direct labour Variable overhead Fixed overhead Total Standard Cost Price/ Rate $435,812 $6,551 F 76,024 4,760 U 60,112 123,760 Variances Spending/ Quantity/ Budget Efficiency $9,656 U 5,848 U $1,290 F 460 F $13,580 U How many units were produced during the period? Number of units produced How many kilograms of raw material were purchased and used during the period? Raw materials purchased kilograms What was the actual cost per kilogram of raw materials? (Round answer to 2 decimal places, e.g. 15.25.) Actual cost per kilogram /kg How many actual direct labour hours were worked during the period? Actual direct labour hours hours

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