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Check my worl Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5.10 per Ib.) Direct labor (4
Check my worl Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5.10 per Ib.) Direct labor (4 hrs. $15 per hr) Factory overhead-variable (4 hrs. * $6 per hr.) Factory overhead-fixed (4 hrs. $11 per hr.) Total standard cost $153.00 60.00 24.00 44.00 $281.00 2.5 points eBook The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 68,000 units per quarter. The following flexible budget information is available Print References 70% 47,600 190,400 erating Levels 80% 54,400 217,600 90% Production in units Standard direct labor hours Budgeted overhead 61,200 244,800 Fixed factory overhead Variable factory overhead $2,393,600 $2,393,600 $2,393,600 $1,142,400 $1,305, 600 $1,468,800 During the current quarter, the company operated at 90% of capacity and produced 61,200 units of product, actual direct labor totaled 239,800 hours. Units produced were assigned the following standard costs Direct materials (1,836,000 Ibs. Ib.) $5.10 per 9,363,600 67? nnn
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