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Ceramics Etc. Products is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the icon to view the standards.)

Ceramics Etc. Products is a manufacturer of large flower pots for urban settings. The company has these standards: (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 x Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead pound * per pound = hours X per hour = hours x per hour = hours * 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 Data table Direct materials (resin). Direct labor..... 10.2 pounds per pot, at a cost of $3.60 per pound 1.4 hours at a cost of $16.25 per hour Standard variable manufacturing overhead rate... $2.00 per direct labor hour Predetermined fixed manufacturing overhead rate $8.00 per direct labor hour Ceramics Etc. allocates variable and fixed manufacturing overhead to production based on standard direct labor hours, Print Done

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