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QUESTION 20 0.5 point Fickde Factory Ltd produces unique large ceramic frogs. The accountant has collected the following intormation regarding standard costs. Production input Standard

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QUESTION 20 0.5 point Fickde Factory Ltd produces unique large ceramic frogs. The accountant has collected the following intormation regarding standard costs. Production input Standard cost Direct materials 2 kilos of raw material Each kilo - $5 Direct labour 1 hour Direct Labour is charged at $10 per hour Variable overhead $2 per direct labour hour Fixed overhead $4 per frog Total fixed overhead for the year is estimated to be $80 000. The selling price for each frog is $45. Calculate the standard cost for one frog. $26 $24 $22 $20

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