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NMB manufactures and produces the stanter. The company incurs the following costs; Direct materials is 6.75 per stanter. It take 3 hours to produce

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NMB manufactures and produces the stanter. The company incurs the following costs; Direct materials is 6.75 per stanter. It take 3 hours to produce the stanter and labour is paid at 7.45 an hour. Rent and bills for the space used to produce 900 stanters costs 2400 per year. The company intend to make a 13% profit after all costs. Prepare a standard cost card for 1 stanter. Show your answers to 2 decimal places with no E sign Standard Cost Card Direct Materials Direct Labour Prime Cost Overheads Total Cost Profit Selling Price E

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