Do fast answer of this accounting questions 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

Step 1: Definition of Standard Cost per Output UnitThe standard cost per output unit is the expected…

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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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
What is the standard labor cost per output unit?
Please give me answer Accounting
Accounting
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?
Bramble's standard quantities for 1 unit of product include 3 pounds of materials and 1.0 labor hours. The standard rates are $3 per pound and $5 per hour. The standard overhead rate is $10 per direct labor hour. The total standard cost per unit of Bramble's product is O $24.00. O $18.00. O $15.00. O $14.00.
VC per unit when LAV is 100 units = $ 20FC per unit when LAV is 200 units = $ 10Required: Calculate each of the following:1. Total costs of production when LAV is 100 units = $2. Total costs of production when LAV is 200 units = $ 3. Total costs of production when LAV is 50 units $4. Total costs of production when LAV is 400 units = $5. Total costs of production when LAV is Zero units = 56. Unit cost when LAV is 500 units = $7. 8. Unit cost when LAV is 20 units = $9. Unit cost when LAV is 250 units = $10. Unit cost when LAV is 1 unit = $ Unit cost when LAV is Zero units = =
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.
A standard cost card for one unit of a product may look like the following: Direct materials (4 pounds @ $1.25 per pound) $5.00 Direct labor (0.1 DLH @ $18 per hour) 1.80 Variable overhead (0.1 DLH @ $2.00 per hour) 0.20 Fixed overhead (0.1 DLH @ $4.60 per hour) 0.46 Total cost per unit $7.46 The standard cost to produce one unit is $7.46. The standard cost to produce 600 units are $ Of course, this is a simplification as the standard cost does not take fixed and variable costs into account. However, if the firm is producing at or near capacity, then the cost per unit of $7.46 could be multiplied by total units to get total standard cost. The standard cost card gives both unit and cost standards. The direct materials total of $5.00 is based on the use of four pounds of material at $1.25 per pound. Similarly, it should take six minutes (0.1 direct labor hour) to produce one unit. This makes it easy to determine total quantities and cost would be for multiple units. If 400 units were…

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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