Please provide this question solution general accounting The standard material cost per kg of raw material is $6.50.The standard material allowed per unit is 2.5 Kg. Theactual material used per unit is 2.75 Kg. The actual cost perkg is $5.75. What is the standard cost per output unit?A. $18.25B. $16.25C. $15.81D. $14.38

The standard cost per output unit is computed as follows:= standard material cost per kg of raw…

Answered: The standard material cost per kg of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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If it takes 3 units of raw material to make one unit of a product and the cost per unit of raw material is $5, what is the standard raw material cost per unit of output? a. $1.67 b. $0.60 c. $15.00 d. $3.00
The standard labor rate is $8 per hour. Standard labor allowed per unit is 0.6 hours. The actual cost per labor hour is $7.5 and the actual labor hour per unit is 0.7 hours. What is the standard labor cost per output unit? a. $4.8 b. $5.6 c. $4.5 d. $5.25
Please give me answer Accounting
The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are Actual Material price per pound of direct material Quantity of material in pound per unit of product Actual production untis of product BDMOV (AQ SQ) for Actual Production x SP C DMCV DMPV + DMOV Actual cost per unit of product (AC) Standard costs per unit of product (SC) $8.00 Alternate formula to compute DMCV= (Actual cost-standard cost) per unit x # of units 065 3,000 Required: Compute the followings variances and indicate if they are favorable (F) or unfavorable (UF) A. Direct material Price variance (DMPV) B. Direct matenal Quantity variance (DMQV) C. Total Direct material Cost variance (DMCV) Solution: A.DMPV = (AP-SP) x AQ for Actual Production Standard Variance $ For UF ($1,462 50) F ($5,250.00) F AQ $8.75 SQ 0.45 ($6.712 50) F 1950 1350 Acronyms: AP Actual price per unit of Material SP Standard price per unit of Material AQ-Actual quantity of Material for Actual…
Bonita’s standard quantities for 1 unit of product include 3 pounds of materials and 1.0 labor hours. The standard rates are $5 per pound and $5 per hour. The standard overhead rate is $6 per direct labor hour. The total standard cost per unit of Bonita’s product is a. $26.00. b. $11.00. c. $16.00. d. $20.00.
Conversion cost per unit equals $11.00. Total materials costs are $80500. Equivalent units of production for materials are 40250. How much is the total manufacturing cost per unit? $2.00. $13.00. $9.00. $11.00.
Direct materials = $10 per unitDirect labor = $5 per unitVariable manufacturing overhead = $2 per unitFixed manufacturing overhead = $1,000Units produced is 1,000 units What is the cost per unit using the absorption method? What is the cost per unit using the variable method?
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The standard material cost to produce 1 unit of product r is 6 pounds of material at a standar price of $50 per pound . In manufacturing 8000 units 47000 pounds of material we're used at a cost of $51 per pound . What is the direct material price variance
Direct material $0.10, Direct laber is $0.25, Variable Overhead is $0.10, Fixed overhead is $0.40 what is the fixed costs per unit, the total cost per unit, and gross margin if 1,600,000 units were produced?
Bonita's standard quantities for 1 unit of product include 3 pounds of materials and 2.5 labor hours. The standard rates are $6 per pound and $9 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost per unit of Bonita's product is $40.50. $42.50. $23.00. $60.50.

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The standard material cost per kg of raw material is $6.50. The standard material allowed per unit is 2.5 Kg. The actual material used per unit is 2.75 Kg. The actual cost per kg is $5.75. What is the standard cost per output unit? A. $18.25 B. $16.25 C. $15.81 D. $14.38