Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $20 per pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Standard cost per unit Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price or rate
Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $20 per pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Standard cost per unit Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price or rate
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 2.00 pounds of wood at $20 per pound and 0.30 direct labor hour at $20
per hour. Overhead is assigned at the rate of $40 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
or rate
Standard cost
per unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd56e9c7b-6890-4f1d-871e-0176b2130677%2F9d261cb7-02d5-4f37-b87a-7e6acafdd468%2Fguen7k6_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 2.00 pounds of wood at $20 per pound and 0.30 direct labor hour at $20
per hour. Overhead is assigned at the rate of $40 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
or rate
Standard cost
per unit
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