Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Exercise 15-3 Bramble Company has gathered the following information about its product. Direct materials. Each unit of product contains 4.5 pounds of materials. The average
Exercise 15-3 Bramble Company has gathered the following information about its product. Direct materials. Each unit of product contains 4.5 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.5 pounds. Materials cost $5 per pound, but Bramble always takes the 2% cash discount all of its suppliers offer. Freight costs average S 25 per pound. Direct labor. Each unit requires 2 hours of labor. Setup, cleanup, and downtime average 0.5 hours per unit. The average hourly pay rate of Bramble's employees is $11 Payroll taxes and fringe benefits are an additional $3 per hour. Manufacturing overhead. Overhead is applied at a rate of $8 per direct labor hour. Compute Bramble's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit s Click if you would like to Show Work for this question: Open Show Work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started