Question
Derby Co. uses a standard costing system in connection with the manufacture of a line of T-shirts.Each unit of finished product contains 2 yards of
Derby Co. uses a standard costing system in connection with the manufacture of a line of T-shirts.Each unit of finished product contains 2 yards of direct material.However, a 20 percent direct material spoilage calculated on input quantities occurs during the manufacturing process.The cost of the direct materials is P120 per yard.
The standard direct material cost per unit of finished product is
A. P192 C. P288
B. P240 D. P300
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
