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Rocky Mountain Chairs is a privately held furniture manufacturer. For May 2022, Rocky Mountain had the following standard cost for a wicker chair. Direct

Rocky Mountain Chairs is a privately held furniture manufacturer. For May 2022, Rocky Mountain had the following standard cost for a wicker chair. Direct Materials: Standard Cost Standard per Chair Wicker 2 square yards @$5.00 per sq. yd. $10.00 Bands 10 bands @$1.75 per band $17.50 Direct Labor: Assembly Finishing 1 hour @$10 per hour $5.00 1 hour @$7.50 per hour $7.50

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