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View Policies Show Attempt History Current Attempt in Progress Crede Manufacturing Company uses a standard...

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Accounting

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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 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 materiais price per kilogram? (Round answer to 2 decimal places, e.g. 5.25.) Standard price per kilogram $ e Textbook and Media Attempts: 1 of 2 used (b) * Your answer is incorrect. If the materials quantity variance was $5,600 unfavourable, what was the standard materials quantity per unit? (Round answer to 2 decimal places, e.g. 5.17.) Standard materials quantity per unit 4.42 kilograms e Textbook and Media Save for Later Attempts: 1 of 2 used Submit

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