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Wildhorse Company is planning to produce 2,100 units of product in 2022. Each unit requires 22 pounds of materials at $6.2 per pound and a
Wildhorse Company is planning to produce 2,100 units of product in 2022. Each unit requires 22 pounds of materials at $6.2 per pound and a halt hour of labor at $12 per hour. The overhead rate is 40% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materiais to be used, direct labor, and applied overhead. Direct materials Direct labor Overhead (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal ploces, e8. 2.75.) Standard cost PerUnit
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