Question
The Starbright Corporation has compiled the following data. The company intends to use this information to develop standard costs per unit for its single product:
The Starbright Corporation has compiled the following data. The company intends to use this information to develop standard costs per unit for its single product: Direct materials = $53 per ton Direct labor = $13.05 per hour Variable manufacturing overhead = $5.3 per direct labor hour Fixed manufacturing overhead = $19,000 Expected production = 1,850 units Each unit of the company's single product requires 2.0 tons of direct materials and 22.8 hours to manufacture. What is the standard cost for direct materials per unit for Starbrights single product?
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