Batco makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound and 0.40 direct labor hour at $20per hour. Overhead is assigned at the rate of $40 per direct labor hour.Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.)O Answer is complete but not entirely correct.StandardStandard quantity orhoursStandardInputscost perprice or rateunitDirect materials2.00pounds20.0040.00Direct labor0.35DLH20.007.00Overhead0.35DLH40.0014.00Total61.00000000

Formula: Standard cost per unit = Standard quantity x standard price

Batco makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound and 0.40 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. are a standard cost card for a baseball bat for BatCo. (R ound your final answers to 2 decimal places.)

Batco makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound and 0.40 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. are a standard cost card for a baseball bat for BatCo. (R ound your final answers to 2 decimal places.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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