ACC- 561 – Stanton Company Problem

$6.00

Description

Stanton Company is planning to produce 1,000 units of product in 2012. Each unit requires 1.40 pounds of materials at $7.90 per pound and a half-hour of labor at $12.40 per hour. The overhead rate is 90% of direct labor.
(a)Compute the budgeted amounts for 2012 for direct materials to be used, direct labor, and applied overhead.

Direct materials $.wiley.com/edugen/art2/common/pixel.gif”>
Direct labor $.wiley.com/edugen/art2/common/pixel.gif”>
Overhead $.wiley.com/edugen/art2/common/pixel.gif”>

(b)Compute the standard cost of one unit of product.(Round answer to 2 decimal places, e.g. 2.75.)

Standard cost $.wiley.com/edugen/art2/common/pixel.gif”>

Reviews

There are no reviews yet.

Be the first to review “ACC- 561 – Stanton Company Problem”

Your email address will not be published. Required fields are marked *