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TWO [25] 2.1. A standard quantity of 2 kilograms of material BB at a standard price of R4 per kilogram is allowed for the production

TWO [25] 2.1. A standard quantity of 2 kilograms of material BB at a standard price of R4 per kilogram is allowed for the production of one unit of product Triple B. The cost figures for the first quarter of the year showed that 4 400 kg of material BB was purchased at R4,20 per kg. 2 000 units of product Triple B were produced using 4 200 kg of material BB. You are required to calculate the following

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