Inco rated concerning of the produc Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Standard Quantity or Hours per Unit of Output 7.40 grams haard cost system. Standard Price or Rate $ 10.20 per gram $ 19.60 per hour $ 4.90 per hour Variable manufacturing overhead 1.00 hours 1.00 hours The company produced 3,700 units of this product in November. Required: a. What is the total standard cost of one unit of this product? Note: Round your final answer to 2 decimal places. b. What was the standard grams allowed for the actual output of this product in November? c. What was the standard hours allowed for the actual output of this product in November?

Inco rated concerning of the produc Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Standard Quantity or Hours per Unit of Output 7.40 grams haard cost system. Standard Price or Rate $ 10.20 per gram $ 19.60 per hour $ 4.90 per hour Variable manufacturing overhead 1.00 hours 1.00 hours The company produced 3,700 units of this product in November. Required: a. What is the total standard cost of one unit of this product? Note: Round your final answer to 2 decimal places. b. What was the standard grams allowed for the actual output of this product in November? c. What was the standard hours allowed for the actual output of this product in November?

Name: Becka Incorporated has provided the following data concerning one of
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Description: Becka Incorporated has provided the following data concerning one of the products in its standard cost system.Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsDirect materialsStandard Quantity orHours p

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 3PA: Activity-based and department rate product costing and product cost distortions Black and Blue...

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