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QUESTION 2(12 marks) Ponte Company produced 2,500 units during December using 4,000 kilograms...

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Accounting

QUESTION 2(12 marks)
Ponte Company produced 2,500 units during December using 4,000 kilograms of materials at a coat of $5.00 per kilogram. It also used 5,000 direct labour hours at a rate of $7.00 per hour.
Its direct materials standard is 2 kilograms per unit at $7 per kilogram. Its direct labour standard is 2.5 hours per unit at $6.8 per hour.
A. Calculate the DMPV and DMQV (6 marks)
B. Calculate the DLRV and DLEV (6 marks))
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