Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Submitted to Gradebook so. Dec 7.2012 4:38 PM Americas Angeles-08.00 Question 10 View Polides Current Attempt in Progress Pina Company has gathered the following information

image text in transcribed
Submitted to Gradebook so. Dec 7.2012 4:38 PM Americas Angeles-08.00 Question 10 View Polides Current Attempt in Progress Pina Company has gathered the following information about its product Direct materials: Each unit of product contains 420 pounds of materials. The weg waste and spolage per un produced under normal conditions is 0.00 pounds. Materials cost $i per pound but always takes the 2.00% cash discount all of its suppliers offer. Freight costs average $0.45 per pound. Direct labor. Each unit requires 1.60 hours of labor.Setup cleanup and downtime average 0.20 hours per unit. The average hourly pay rate of Pinas employees is $12.30. Paroles and bring bers anditional $240 per hou Manufacturing overhead Overhead is applied at a rate of 56.60 per direct labor hour Compute Pina's total standard cost per unit. Round answer to 2 decimal place Total standard cost per unit $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Quality Auditing

Authors: Denis Pronovost

1st Edition

0873894766, 9780873894760

More Books

Students also viewed these Accounting questions

Question

How is a depositary receipt issued and how does it get cancelled?

Answered: 1 week ago

Question

3. Define the roles individuals play in a group

Answered: 1 week ago