Get correct answer general accounting question SportEquip manufactures composite tennis rackets. Each racketrequires 0.75 kg of carbon fiber at $36 per kg and 0.45 direct laborhours at $22 per hour. Manufacturing overhead is applied at a rateof $28 per direct labor hour.What amounts would appear on a standard cost card forSportEquip?

Step 1: Definition of Standard Cost CardA Standard Cost Card is a document used in cost accounting…

Answered: SportEquip manufactures composite…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 6PB: Box Springs. Inc., makes two sizes of box springs: queen and king. The direct material for the queen...

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SteelMax produces metal containers that require 2.5 meters of material at $1.20 per meter and 0.3 direct labor hours at $18.00 per hour. Overhead is assigned at the rate of $12 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
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Batco makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound and 0.40 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.) O Answer is complete but not entirely correct. Standard Standard quantity or hours Standard Inputs cost per price or rate unit Direct materials 2.00 pounds 20.00 40.00 Direct labor 0.35 DLH 20.00 7.00 Overhead 0.35 DLH 40.00 14.00 Total 61.00 000 000

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SportEquip manufactures composite tennis rackets. Each racket requires 0.75 kg of carbon fiber at $36 per kg and 0.45 direct labor hours at $22 per hour. Manufacturing overhead is applied at a rate of $28 per direct labor hour. What amounts would appear on a standard cost card for SportEquip?