Standard Quantities of Labor and Materials

Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 15,000 units. Materials and labor standards for performing the repairs are as follows:

Direct materials (1 recon kit @ $160)	$160.00
Direct materials (1 cabinet @ $55)	55.00
Direct labor (5 hrs. @ $15)	75.00

Required:

1. Compute the standard hours allowed for a volume of 15,000 rebuilt units. fill in the blank 1 hours

2. Compute the standard number of kits and cabinets allowed for a volume of 15,000 rebuilt units.

Standard number of kits	fill in the blank 2 kits
Standard number of cabinets	fill in the blank 3 cabinets

3. Suppose that during the first month of the year, 15,000 standard hours were allowed for the units rebuilt. How many units were rebuilt during the first month? fill in the blank 4 units