Salik Sdn Bhd is the producer of industrial lubricant made from palm oil waste. The following is data that have been collected prior to production in the beginning of 2023. Direct materials (Per unit product) Kg Rm Raw Materials 1 Usage 4.00 2.00 Direct labor (Per unit product) DLH(Hours) Rate Direct labor Cost 10 2.50 Variable Overheads DLH Rate Variable overheads: (per direct labor hour) 10.00 2.00 a. Calculate the Standard Variable Cost Per Unit for each of the manufacturing cost.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...
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Salik Sdn Bhd is the producer of industrial lubricant made from palm oil waste. The following is data that have been collected prior to production in the beginning of 2023. Direct materials (Per unit product) Kg Rm Raw Materials 1 Usage 4.00 2.00 Direct labor (Per unit product) DLH(Hours) Rate Direct labor Cost 10 2.50 Variable Overheads DLH Rate Variable overheads: (per direct labor hour) 10.00 2.00 a. Calculate the Standard Variable Cost Per Unit for each of the manufacturing cost.

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