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View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing Company uses a standard cost accounting system. In 2020, 28.000 units were produced. Each
View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing Company uses a standard cost accounting system. In 2020, 28.000 units were produced. Each unit took several kilograms of direct materials and 1.6 standard hours of direct labour at a standard hourly rate of $15. Normal capacity was 48,500 direct labour hours. During the year, 117,600 kg of raw materials were purchased at $0.95 per kilogram. All materials purchased were used during the year. (a) Your answer is correct If the materials price variance was $5.880 favourable, what was the standard materials price per kilogram? (Round answer to 2 decimal places, eg. 5.25.) Standard price per kilogram e Textbook and Media Attempts: 1 of 2 used (b) Your answer is correct. If the materials quantity variance was $5,600 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, eg. 5.17.) Standard materials quantity per unit 4.00 kilograms e Textbook and Media Attempts: 2 of 2 used (c) Your answer is correct What were the standard hours allowed for the units produced? Standard hours allowed 44800 e Textbook and Media Attempts: 1 of 2 used (d) Your answer is correct. If the labour quantity variance was $9.300 unfavourable, what were the actual direct labour hours worked? Actual direct labour hours 45420 e Textbook and Media Attempts: 1 of 2 used (e) If the labour price variance was $18,168 favourable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 15.25.) Actual rate per hour $
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