Question 1: Senergy Ltd adopts a standard costing system for control purposes. The following standards have been developed for one of its products. Direct materials Direct labour 15kilograms@4 per kilogram 5 hours@ 17 per hour Variable manufacturing overheads 5 hours@ 15 per hour Standard cost 220 The actual data for the month of June is as below. Units produced Direct materials purchased and used Direct labour Variable manufacturing overheads incurred 12,000 units 210,000 kilograms @ 3.80 per kilogram. 62,000 hours @ 16.5 per hour 991,000