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Sana Rosa Furniture Company manufactures designer home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for
Sana Rosa Furniture Company manufactures designer home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:
Direct labor: standard rate $ per hr
standard time per unit hrs
Direct materials oak: standard price $ per bd ft
standard quantity bd ft
Variable factory overhead: standard rate $ per direct labor hr
Fixed factory overhead: standard rate $ per direct labor hr
a Determine the standard cost per dining room table. If required, round your answer to two decimal places.
$fill in the blank per dining room table
b A standard cost system provides Rosa Furniture management a cost control tool using the principle of
Using this principle,
cost deviations from standards can be investigated and corrected.
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