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Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (clay) 1.60
| Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: |
| Standard Quantity | Standard Price (Rate) | Standard Unit Cost | |||||
| Direct materials (clay) | 1.60 | lbs. | $ | 1.70 | per lb. | $ | 2.72 |
| Direct labor | 1.60 | hrs. | $ | 16.00 | per hr. | 25.60 | |
| Variable manufacturing overhead (based on direct labor hours) | 1.60 | hrs. | $ | 1.30 | per hr. | 2.08 | |
| Fixed manufacturing overhead ($374,000.00 | |||||||
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