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Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are P3 per pound and
Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are P3 per pound and P10 per hour. The standard overhead rate is P12 direct labor hour. The total standard cost of Fleck's product is
a.P25
b.P39
c.P21
d.P33
Please insert your solutions and explanations. Thank you
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