Up Norths managers expected to produce 20,000 units of product in March. The standard cost for the
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Up North’s managers expected to produce 20,000 units of product in March. The standard cost for the materials used for 20,000 units is $173,600 and the standard cost per unit is $2.80 per litre. Actual production in March was 19,100 units. The company purchased and used 57,300 litres of materials costing $163,305. What is the standard quantity of litres per unit?
a. 3.1 litres
b. $2.80 per litre
c. 8.68 litres
d. 3 litres
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Related Book For
Cost Management Measuring, Monitoring And Motivating Performance
ISBN: 1601
3rd Canadian Edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook
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