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Clinton Corporation currently produces cardboard boxes in an automated process. Expected production per month is 20,000 units. The required direct materials costs is $.45 per
Clinton Corporation currently produces cardboard boxes in an automated process. Expected production per month is 20,000 units. The required direct materials costs is $.45 per unit. Manufacturing overhead costs are $18,000 per month. Manufacturing overhead is allocated based on units of production. 20. What is the budgeted manufacturing overhead rate? a. $1.50 per unit b. $1.16 per unit c. $0.90 per unit d. $0.45 per unit 21. Standards represent the best expected level of performance. They are usually developed from a careful study and are expressed a. On a per unit basis b. By a management team c. Through the organization's goals d. Through an organization's policies and procedures. 22. Compute the total standard cost per book for Publisher's Company using the following information: Direct Materials 1 (one) ream of paper allowed per output unit Manufactured, at $5.00 per ream. Direct Labor .35 labor-hours of input allowed per output unit finished, at $17.50 standard cost per hour. Variable Manufacturing Assigned on the basis of 0.2 per hour at $25 standard cost per hour. a. $11.13 per unit of output b. $14.63 per unit of output c. $17.38 per unit of output d. $47.50 per unit of output
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