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pls show work thank you Parsons Company is planning to produce 1.800 units of product in 2020. Each unit requires 3.40 pounds of materials at
pls show work thank you
Parsons Company is planning to produce 1.800 units of product in 2020. Each unit requires 3.40 pounds of materials at $4.80 per pound and a half-hour of labor at $14.00 per hour. The overhead rate is 90% of direct labor. (a) Compute the budgeted amounts for 2020 for direct materials to be used direct labor, and applied overhead. Direct materials $ Direct labor $ Overhead $ (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, eg. 2.75.) Standard costStep by Step Solution
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