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Asahi USA, Inc., based in Denver, Colorado, is a subsidiary of a Japanese company manufacturing specialty tools. Asahi USA employs a standard cost system. Following
Asahi USA, Inc., based in Denver, Colorado, is a subsidiary of a Japanese company manufacturing specialty tools. Asahi USA employs a standard cost system. Following are the standards per unit of one of its products, tool KJ79. This tool requires a special chrome steel as a direct material.
Standard uantzittr Standard Price Standard Cost Direct materials 8 pounds $13 per pound $144 Direct Labor 2.5 hours $20 per hour $513 Total $194Step by Step Solution
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