! Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $16 per pound and 0.25 direct labor hour at $30 per hour. Overhead is assigned at the rate of $60 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price Standard cost or rate per unit
! Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $16 per pound and 0.25 direct labor hour at $30 per hour. Overhead is assigned at the rate of $60 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price Standard cost or rate per unit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required information
[The following information applies to the questions displayed below.]
BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $16 per pound and 0.25 direct labor hour at $30
per hour. Overhead is assigned at the rate of $60 per direct labor hour.
Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.)
Inputs
Direct materials
Direct labor
Overhead
Standard quantity or hours
pounds
DLH
DLH
Standard price Standard cost
or rate
per unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2bec4d63-79d6-4d6c-b1e3-5b74f4dd40af%2F32bbadb4-b79b-41f7-bd45-372892f18c8b%2Feddp7v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:!
Required information
[The following information applies to the questions displayed below.]
BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $16 per pound and 0.25 direct labor hour at $30
per hour. Overhead is assigned at the rate of $60 per direct labor hour.
Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.)
Inputs
Direct materials
Direct labor
Overhead
Standard quantity or hours
pounds
DLH
DLH
Standard price Standard cost
or rate
per unit
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