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You have been given the following information about the production of Waterway Co., and are asked to provide the factory manager with information for a

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You have been given the following information about the production of Waterway Co., and are asked to provide the factory manager with information for a meeting with the vice-president of operations: Standard Cost Card $18.56 Direct materials (5.80 kg at $3.20 per kilogram) Direct labour (0.80 hours at $4.40) Variable overhead (0.80 hours at $3.20 per hour) Fixed overhead (0.80 hours at $7.00 per hour) 3.52 2.56 5.60 $30.24 The following is a production report for the most recent period of operations: Total Standard Cost Variances Spending/ Quantity/ Budget Efficiency $9.472 U Costs Price/Rate Volume $397.184 $6,354 F 75,328 3,702 U 6,116 U Direct materials Direct labour Variable overhead Fixed overhead 54,784 $1.250 F ? 119,840 480 F $14,000 U How many kilograms of raw material were purchased and used during the period? Raw materials purchased kilograms

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