Chirs Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Particulars Direct materials quantity standard Direct labor time standard Direct materials price standard Direct labor rate standard Standard variable overhead rate Standard fixed overhead rate Standard Rate 6 pounds per product 4 hours per product $10 per pound $9 per hour $12 per labor hour $14 per labor hour Using the above information provided for Chirs Corporation, what is the total standard unit cost?

Chirs Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Particulars Direct materials quantity standard Direct labor time standard Direct materials price standard Direct labor rate standard Standard variable overhead rate Standard fixed overhead rate Standard Rate 6 pounds per product 4 hours per product $10 per pound $9 per hour $12 per labor hour $14 per labor hour Using the above information provided for Chirs Corporation, what is the total standard unit cost?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 11E: Ripley, Inc., costs products using a normal costing system. The following data are available for...

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Subject: acounting
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Subject: acounting