Standard Product Costs

Deerfield Company manufactures product M in its factory. Production of M requires 2 pounds of material P, costing $8 per pound and 0.5 hour of direct labor costing, $14 per hour. The variable overhead rate is $12 per direct labor hour, and the fixed overhead rate is $16 per direct labor hour. What is the standard product cost for product M?

Direct material Answer

Direct labor Answer

Variable overhead Answer

Fixed overhead Answer

Standard product cost per unit Answer

Standard Product Costs Deerfield Company manufactures producent factory Production of Mounts 2 pounds of material contings per pound and 0.5 hour of direct later contine 174 per hour. The variable overhead tate 512 percrest labor tous, and the feed overte the standard SU