Question
Lacrue Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on
Lacrue Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.
| Inputs | Standard Quantity or Hours per Unit of Output | Standard Price or Rate | ||
|---|---|---|---|---|
| Direct materials | 6.3 | ounces | $ 5.50 | per ounce |
| Direct labor | 0.40 | hours | $ 22.00 | per hour |
| Variable manufacturing overhead | 0.40 | hours | $ 3.80 | per hour |
The actual output for the period was 3,700 units.
The total standard cost per unit is closest to:
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
