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I need help with the requirements. Thank you Center Ware Products is a manufacturer of large flower pots for urban settings. The company has these
I need help with the requirements. Thank you
Center Ware Products is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the icon to view the standards.) Requirements 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. 2. Determine the standard cost of one flower pot. Requirement 1. Compute the standard cost of each of the following inputs per pot direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. (Round your answers to the nearest cent.) (1) X (2) Standard cost of input pound X per pound 11 hours per hour Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead hours per hour 11 hours X per hour = Requirement 2. Determine the standard cost of one flower pot. (Enter your answer to the nearest cent.) The standard cost of one flower pot is $ 1: Data Table Direct materials (resin) Direct labor Standard variable manufacturing overhead rate Predetermined fixed manufacturing overhead rate. 10.8 pounds per pot, at a cost of $3.45 per pound 1.4 hours at a cost of $16.75 per hour $3.50 per direct labor hour $6.10 per direct labor hourStep by Step Solution
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