Calculate the standard cost per unit Brayden Company produces seat covers. The company's master budgetshows the following standards information.Expected production for 6,500 unitsSeptemberDirect materialsDirect laborVariableoverheadRequired:10 yards per unit at $6 per yard4 hours per unit at $18 per hourmanufacturing 4 direct labor hours per unit at $3 per hourCalculate the standard cost per unit for direct materials, direct labor, andvariable manufacturing overhead.

Explanation of Standard Cost: Standard cost is a predetermined estimate of the expected cost of…

Answered: Brayden Company produces seat covers.…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 13CE: Nashler Company has the following budgeted variable costs per unit produced: Budgeted fixed overhead...

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Calculate the standard cost per unit

Brayden Company produces seat covers. The company's master budget
shows the following standards information.
Expected production for 6,500 units
September
Direct materials
Direct labor
Variable
overhead
Required:
10 yards per unit at $6 per yard
4 hours per unit at $18 per hour
manufacturing 4 direct labor hours per unit at $3 per hour
Calculate the standard cost per unit for direct materials, direct labor, and
variable manufacturing overhead.

Definition Definition System of assigning an estimated cost to the product (instead of the actual cost) so that the product cost can be determined well in advance and the pricing of the product can be done on time. Since the actual cost cannot be predicted at the initial stage of the production process, the estimated cost is recorded in the books. Any deviation of the estimated cost of the actual cost is adjusted in the books at the end of the period.

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