Meow Meow Manufactures Gourmet Cat Food The Company Actually Used 4,900 Kg of Tuna at a Cans

Meow Meow manufactures gourmet cat food.During the month,it manufactured 5,000 cans of tuna,using 0.10 hours of direct labour per can at a rate of $8.00 per hour.The materials and labour standards for manufacturing the cans of tuna are as follows: $\begin{array}{lr}\text { Direct materials }(1 \mathrm{~kg} \text { of tuna }(\$ 0.50 \text { per kilogram) } & \$ 0.50 \\\text { Direct materials }(1 \text { can } @ \$ 0.35 \text { per can }) & 0.35 \\\text { Direct labour }(0.20 \text { hour } @ \$ 7.00 \text { per hour }) & 1.40\end{array}$ The company actually used 4,900 kg of tuna at a price of $0.65 per kg.It also purchased 5,000 cans at a price of $0.45 per can.