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brilliants [131]
3 years ago
5

Janitor Supply produces an industrial cleaning powder that requires 49 grams of material at $0.20 per gram and 0.40 direct labor

hours at $14.00 per hour. Overhead is applied at the rate of $16 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
Business
1 answer:
Dima020 [189]3 years ago
5 0

Answer:

Standard cost = $21.8

Explanation:

The total standard cost of one unit

= Direct material cost + Direct Labour cost + Overhead cost

Direct Material = 49× $0.20 = 9.8

Direct labour cost = 0.40× $14 = 5.6

Overhead cost =  $16× 0.40= 6.4

Standard cost = 9.8 +  5.6 + 6.4  = $21.8

Standard cost = $21.8

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8 0
3 years ago
Read 2 more answers
Both islands specialize exclusively in the product for which they have a comparative advantage. You have agreed to give 350 coco
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<h3>What do you mean by the comparative advantage?</h3>

Comparative advantage refers to the maximization of the efficiency of the economy and its well being by focusing on the production of those resources, which country can produce and exports them in the exchange of those goods, which a country does not produce.

One can have the comparative advantage at production if it could produce the goods at lower cost as compare to the others.

Here, both the islands focus only on the making of the thing they're best at doing.

Learn more about the comparative advantage here:-

brainly.com/question/13221821

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3 0
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Which of the following is correct?
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Answer:

N. Most countries have had little fluctuation around their average growth rates during the past 120 years.

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Reference: Jones, C. I. (2016). The facts of economic growth. In Handbook of macroeconomics (Vol. 2, pp. 3-69). Elsevier. p. 37

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