During the year, Dorner Company produced 280,000 lathe components for industrial metal working machinery. Dornaer's direct materials and direct labor standards per units are as follows: Direct materials (8.45 lbs. @ 6.00)              $50.70 Direct labor ( 1.80 hr. @ $15)                      27.00 required: 1. compute the standard pounds of direct materials allowed for the production of 280,000 units. 2. compute the standard pounds of direct labor allowed for the production of 280,000 units.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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During the year, Dorner Company produced 280,000 lathe components for industrial metal working machinery. Dornaer's direct materials and direct labor standards per units are as follows:

Direct materials (8.45 lbs. @ 6.00)              $50.70

Direct labor ( 1.80 hr. @ $15)                      27.00

required:

1. compute the standard pounds of direct materials allowed for the production of 280,000 units.

2. compute the standard pounds of direct labor allowed for the production of 280,000 units.

 

Direct materials (8.45 lbs. @ $6.00)
Direct labor (1.80 hr. @ $15)
$50.70
27.00
Transcribed Image Text:Direct materials (8.45 lbs. @ $6.00) Direct labor (1.80 hr. @ $15) $50.70 27.00
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