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Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (cork board) 4.00 sq. ft. $
| Bullseye Company manufactures dartboards. Its standard cost information follows: |
| Standard Quantity | Standard Price (Rate) | Standard Unit Cost | |||||
| Direct materials (cork board) | 4.00 | sq. ft. | $ | 2.60 | per sq. ft. | $ | 10.40 |
| Direct labor | 1 | hr. | $ | 10.00 | per hr. | 10.00 | |
| Variable manufacturing overhead (based on direct labor hours) | 1 | hr. | $ | 0.65 | per hr. | 0.65 | |
| Fixed manufacturing overhead ($52,500 | |||||||
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