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River Fertilizer Company At the beginning of the year, GRFC had the following standard cost sheet: Standard Cost Sheet for Green River Fertilizer Company Direct

River Fertilizer Company

At the beginning of the year, GRFC had the following standard cost sheet:

Standard Cost Sheet for Green River Fertilizer Company Direct materials (5 lbs. @ $2.60/lb.) Direct labor (0.75 hr. @ $18.00/hr.) Fixed overhead (0.75 hr. @ $4.00) Variable overhead (0.75 hr. @ $3.00) Standard cost per unit $13.00 13.50 3.00 2.25 $31.75

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