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Do It! Review 12.13 Riuto Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2.80 kg at $4.00 per kilogram Labour
Do It! Review 12.13 Riuto Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2.80 kg at $4.00 per kilogram Labour per unit: 0.80 hours at $14.00 per hour Manufacturing overhead: Predetermined rate is 110% of direct labour cost Calculate the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 15.25.) Standard cost of product I-Tal $
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