Grow Right Products is a manufacturer of large flowerpots for urban settings. The company has these standards:

Grow Right allocates variable and fixed manufacturing overhead to production based on standard direct labor hours.

Requirements:

1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.
2. Determine the standard cost of one flowerpot.

Transcribed Image Text:

Direct materials (resin).. Direct labor Standard variable manufacturing overhead rate Predetermined fixed manufacturing overhead rate 9.6 pounds per pot at a cost of $4.55 per pound 1.0 hour at a cost of $15.80 per hour $3.40 per direct labor hour $6.00 per direct labor hour