Final Answer Clear Mention Please Solution with Details and Do not Give solution in images format Talia Company produces a single product. The company has set standards as follows for materials and labourDirect Materials? kilogramsDirect Labour1.25 hours10 per hour? per kilogram $?$11.25Standard quantity or hours per unitStandard price or rate.Standard cost per unitDuring the past month, the company purchased 3,000 kilograms of direct materials at a cost of $8,250. All of this material was used inthe production of 700 units of product. Direct labour cost totalled $6,825 for the month. The following variances have been computed:Materials quantity varianceTotal materials varianceLabour efficiency varianceRequired:1. Compute the following for direct labour.$ 600 U$150 F$ 2,250 Fa Standard price per kilogram for materials.b. Standard quantity allowed for materials for the month's production.CStandard quantity of materials allowed per unit of producta Actual direct labour cost per hour for the monthb. Labour rate variancekgskgs per unit2. Compute the following for materials price variance. (Round your answers to 2 decimal places.)

Name: Final Answer Clear Mention Please Solution with Details and Do not G
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Final Answer Clear Mention Please Solution with Details and Do not Give solution in images format Talia Company produces a single product. The company has set standards as follows for materials and labourDirect Materials? kilogramsDirect Labour1.

Material Quantity variance 600u Material variance 150…

Business

Accounting

Required: 1. Compute the following for direct labour a Standard price per kilogram for materials b. Standard quantity allowed for materials for the month's production c. Standard quantity of materials allowed per unit of product kgs. kgs per unit 2. Compute the following for materials price variance. (Round your answers to 2 decimal places.) a Actual direct labour cost per hour for the month b Labour rate variance