standards for an unfinished dining room table are as follows: Direct labor: Standard rate $22.00 per hr. Standard time p
Posted: Tue Nov 16, 2021 9:31 am
standards for an unfinished dining room table are as follows:
Direct labor:
Standard rate $22.00 per hr.
Standard time per unit 4.0 hrs.
Direct materials (oak): Standard price $8.50 per bd. ft
. Standard quantity 20 bd. ft.
Variable factory overhead: Standard rate $2.80 per direct labor
hr.
Fixed factory overhead: Standard rate $0.80 per direct labor
hr.
Determine the standard cost per dining room table. Round your
answer to the nearest cent. Total cost per unit: $fill in the blank
1
Direct labor:
Standard rate $22.00 per hr.
Standard time per unit 4.0 hrs.
Direct materials (oak): Standard price $8.50 per bd. ft
. Standard quantity 20 bd. ft.
Variable factory overhead: Standard rate $2.80 per direct labor
hr.
Fixed factory overhead: Standard rate $0.80 per direct labor
hr.
Determine the standard cost per dining room table. Round your
answer to the nearest cent. Total cost per unit: $fill in the blank
1