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CenterWare Products is a manufacturer of large flower pots for urban settings. The company has these standards: E (Click the icon to view the standards.)
CenterWare Products is a manufacturer of large flower pots for urban settings. The company has these standards: E (Click the icon to view the standards.) Read the requirements. Requirement 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. (Round your answers to the nearest cent.) Standard cost of input Direct materials pound X per pound = Direct labor hours X per hour hours per hour = Variable manufacturing overhead Fixed manufacturing overhead hours X per hour Requirement 2. Determine the standard cost of one flower pot. (Enter your answer to the nearest cent.) The standard cost of one flower pot is Requirements Data table 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 flower pot. 9.2 pounds per pot, at a cost of $3.50 per pound Direct materials (resin) 1.8 hours at a cost of $15.65 per hour Direct.labor.... Standard variable manufacturing overhead rate Predetermined fixed manufacturing overhead rate $3.70 per direct labor hour $8.00 per direct labor hour Print Done CenterWare allocates variable and fixed manufacturing overhead to production based on standard direct labor hours
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