Ross Shirts, Inc., makes short- and long-sleeved men’s shirts in lots to each customer’s order and attaches the store’s label to each. The standard costs for a dozen long-sleeved shirts are

The following information is also available: mki7 1 Factory overhead is applied on the basis of direct labor hours. Actual factory overhead totaling $22,800 was incurred during October.
2 A total of $288,000 was budgeted for factory overhead for the year 19X9 based on estimated production at the plant’s normal capacity of 48,000 dozen shirts per year. At this level of production, factory overhead is 40% fixed and 60% variable.
3 There was no work-in-process inventory at October 1. During October, lots 30 and 31 were completed, and all direct materials were issued for lot 32, which was 80% complete regarding direct labor.
Required:
Compute the standard cost for October for lots 30, 31, and 32.

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Direct materials (24 yards at $.55) Direct labor (3 hours at $2.45). Factory overhead (3 hours at $2.00). Standard cost per dozen.. $13.20 7.35 6.00 $26.55 During October 19X9, Ross worked on three orders for long-sleeved shirts. Job cost records for the month disclose the following: Materials Lot Units in lot used (yards) Hours worked. 858 30 12,000 24,100 2.980 31 20.400 40,440 5,130 32 14.400 28,825 2,890