Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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What is the total standard cost for one unit of product that would appear on a standard cost card for this general accounting question?

Ship Co. produces storage crates that require 1.2 meters of material
at $0.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead
is assigned at the rate of $9 per direct labor hour. What is the total standard
cost for one unit of product that would appear on a standard cost card?
a. $25.02.
b. $11.52.
c. $2.40.
d. $2.52.
e. $3.42.
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Transcribed Image Text:Ship Co. produces storage crates that require 1.2 meters of material at $0.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is assigned at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card? a. $25.02. b. $11.52. c. $2.40. d. $2.52. e. $3.42.
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College