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gizmo_the_mogwai [7]
3 years ago
10

Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $4 p

er pound and $14 per hour for direct labor. The standard overhead rate is $16 per direct labor hour.
The total standard cost of Fleck's product is how much?

a. $34
b. $29
c. $45
d. $53
Business
1 answer:
Lera25 [3.4K]3 years ago
6 0

Answer:

d. $53

Explanation:

The computation of the total standard cost is shown below

= Standard rate per pound × number of pounds + standard rate per direct labor hour × number of direct labor hour + standard overhead rate × number of direct labor hour

= $4 per pound × 2 pounds + $14 per direct labor hour × 1.5 labor hour + $16 per direct labor hour × 1.5 labor hour

= $8 + $21 +$24

= $53

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2 years ago
Which of the following attributes is most typical of a​ service? A. mass production B. production and consumption occur simultan
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3 years ago
Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000
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