Bramble Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 3.0 pounds at $4.50 per pound Direct labor per unit: 8.6 hours at $15.00 per hour Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $22.50 per direct labor hour Compute the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bramble Company accumulated the following standard cost data concerning product I-Tal.
Direct materials per unit: 3.0 pounds at $4.50 per pound
Direct labor per unit: 8.6 hours at $15.00 per hour
Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $22.50 per direct labor hour
Compute the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 2.75.)
Standard cost $
I
Per Unit
Transcribed Image Text:Bramble Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 3.0 pounds at $4.50 per pound Direct labor per unit: 8.6 hours at $15.00 per hour Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $22.50 per direct labor hour Compute the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ I Per Unit
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