Cahaya Cc Standard
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 2
Cahaya Company produces product X with the following cost structure:
Standard cost per unit:
Direct materials
RM6
Direct labor (5 hours at RM2 per hour) RM10
Production overheads
RM8
A total of 8,000 units of product X were actually produced. The budgeted production
was estimated to be 7,000 units
Calculate the standard cost of production for Product X and the standard hours
produced.
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