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HELP ASAP Alfonso Company utilizes a standard costing system and uses direct labor hours as its cost driver with respect to factory overhead The standard
HELP ASAP Alfonso Company utilizes a standard costing system and uses direct labor hours as its cost driver with respect to factory overhead The standard cost card for the company's only product is as follows Standard Quantity Standard Price or Standard Cost 1.5 20 hours $2200 per hour Inputs Rate Direct materials pounds $1000 per $15.00 pound Direct labor 44.00 Variable manufacturing 20 hours $150per hour 3.00 overhead Fixed manufacturing overhead Total standard cost per unit 20 hours$400 per hour 8.00 $7000 Data concerning the most recent year is as follows: Planning budget-units of product to be produced Planning budget-direct labor hours (denominator level of activity) 3,000 1,500
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