Question 22

22) Becka Inc. 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 Standard Quantity or Hours per Unit of Standard Price or Inputs Direct materials Direct labor Variable manufacturing overhead Output Rate 6.7 grams 0.30 hours 0.30 hours $8.80 per gram $18.20 per hour $3.50 per hour The company produced 2.300 units of this product in November. What is the total standard cost of one unit of this product? What were the standard grams allowed for the actual output in November