Bonita's standard quantities for 1 unit of product include 3 pounds of materials and 2.5 labor hours. The standard rates are $6 per pound and $9 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost per unit of Bonita's product is O $40.50. O $42.50. $23.00. O $60.50.

Bonita's standard quantities for 1 unit of product include 3 pounds of materials and 2.5 labor hours. The standard rates are $6 per pound and $9 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost per unit of Bonita's product is O $40.50. O $42.50. $23.00. O $60.50.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: Accounting
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