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Cullumber Company is planning to produce 1,800 units of product in 2022. Each unit requires 3.4 pounds of materials at $4.8 per pound and a
Cullumber Company is planning to produce 1,800 units of product in 2022. Each unit requires 3.4 pounds of materials at $4.8 per pound and a half-hour of labor at $14 per hour. The overhead rate is 90% ofdirect labor. {a} Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials 35 Direct labor $ Overhead 35 lb) Compute the standard cost of one unit of product. {Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit
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