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Show the workings so that I can understand the answers Q1. Fiona Company Ltd has set the following standards to produce one unit of product.

Show the workings so that I can understand the answers

image text in transcribed Q1. Fiona Company Ltd has set the following standards to produce one unit of product. Normal production each month is 500 units. Direct Material 8 Kg@ 6.5 per kg $52 Direct Labor 4 hours @7.00 per hour $28 During June, actual production amounted to 420 units. All direct material was purchased and used this month. Actual cost amounted toDirect Material 3500kg $21875 Direct Labor 1720hours $12212 Determine the standard material quantity allowed for June production. (Show The Workings) Q3.BeActive Sporting Goods sells tandem bicycles. The following data was taken from the most recent quarterly sales forecast Expected Sales Units Target inventory at the end of the month April 1400 315 May 1575 412 June 1650 425 BeActive's cost for one bicycle is $125. What dollar amount should the company budget for June purchases

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