Question 2 25 Marks Ahmad Corporation produces a product that requires 3 Kilograms of materials per unit. The allowance for waste and spoilage per unit is 0.5 kilograms and 0.1 pounds, respectively. The purchase price is OMR 5 per pound, but a 3% discount is usually taken Freight costs are OMR 0.2 per kilogram, and receiving and handling costs are OMR 0 15 per kilogram The hourly wage rate is OMR 10 per hour, but a raise which will average OMR 0.3 will go into effect soon Fringe benefits average OMR 2 per hour Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 3 hours and 2 hours, respectively Required 1. Evaluate the standard direct materials price per kilogram (12.5Marks) 2. Calculate standard direct labor hours per unit (12.5Marks)