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ABC Company's budgeted sales for June, July, and August are 12,000, 16,000, and 14.000 units respectively. Each unit that ABC Company produces uses 3 pounds
ABC Company's budgeted sales for June, July, and August are 12,000, 16,000, and 14.000 units respectively. Each unit that ABC Company produces uses 3 pounds of raw material. ABC requires 25% of the next month's budgeted product on as raw material inventory each month ABC Company currently pays a standard rate of $1 per pound for raw materials. Each unit should be produced n 15 minutes of direct labor time at a standard direct labor rate of $12 per hour, Manufacturing overhead is applied at the standard rate of $16 per direct labor hour. Calculate the standard cost per unit for ABC Company
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