Answer:
standard cost = $18.50 per dispenser
Explanation:
given data
standard actual cost
Materials = 2 pounds @ $5.00 a pound 20,900 pounds $4.90 a pound
Labor = .25 hours $15.00 per hour 2,700 hours $15.30 per hour
Variable Overhead = $3.25 per dispenser $36,500
Fixed Overhead = $1.50 per dispenser $17,250
to find out
standard cost of one tape dispenser
solution
first we get here Materials cost and labor cost that is
Materials = 2 pounds @ 5 per pound
material = $10
and
Labor = 0.25 Hrs @ 15 per hour
labor = $3.75
and Variable cost is $3.25 and Fixed Cost is $1.50
so standard cost will be here as
standard cost = $10 + $3.75 + $3.25 + $1.50
standard cost = $18.50 per dispenser