Unanswered Question 24 0/1pts Emerald Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Emerald uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 3 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $20 per hour During the first quarter, Emerald produced 5000 units of this product. Actual direct materials and direct labor costs were $65,000 and $325,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5000 units. $15,000 $30,000 $65,000 Correct Answer $90,000 hanswered Question 23 0/1pts A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are $9 per square foot, net of purchase discount. Freight-in amounts to $0.30 per square foot. Basic wages of the assembly line personnel are $19 per hour. Payroll taxes are approximately 23% of wages. How much is the direct labor cost standard per hour? (Round your answer to the nearest cent.) $4.37 $19.00 Correct Answer $23.37 $32.37 0/1 pts Question 24 Unanswered