Question 7 Incorrect Mark 0.00 out of 4.00 Flag question The following information relates to Questions 1 to 2. (Important note: Each part of this question should only be 1 mark, that is both parts should total 2 marks. However, we have upped it to 2 marks so that it can be combined with 4-mark questions.) A manufacturing company has set the following standards for the production of one unit of product. However, some information was accidentally deleted by a new accounts clerk. The budgeted number of units to be produced for the month of June is 600. Direct material price per kg ($ per kg): ? Direct material quantity per unit of product (kg): 9.0 The actual production for the month of June amounted to 510 units, and the actual data recorded for the month are as follows: Direct material price per kg ($ per kg): 6.5 Direct material purchased (kg): Direct material quantity used (kg): 6074.1 ? The following variances have been reported for the month of June: Direct material price variance ($): 2,400 U Direct material quantity variance ($): -500 F Question 1 What is the standard direct material price per kg? Round to 2 dec places if required. $ 1.79 per kg Your last answer was interpreted as follows: 1.79 Question 2 What is the actual direct material quantity used? Round to 2 dec places if required. 5679.33 kg Your last answer was interpreted as follows: 5679.33 A correct answer is 6.1, which can be typed in as follows: 6.1 A correct answer is 4508.03, which can be typed in as follows: 4508.03