BatCo makes metal baseball bats. Each bat requires 1 kg. of aluminum at $ 18 per kg. and 0.25 direct labor hours at $ 20 per hour. Overhead is assigned at the rate of $ 40 per labor hour. What amounts would appear on a standard cost card for BatCo?
Answer to relevant QuestionsRefer to information in QS 23-2. Assume the actual cost to manufacture one metal bat was $ 40. Compute the cost variance and classify it as favorable or unfavorable.In QS 23-2, BatCo makes metal baseball bats. Each bat ...Refer to the information in QS 23-8. Alvarez records standard costs in its accounts. Prepare the journal entry to charge overhead costs to the Goods in Process Inventory account and to record any variances.in QS 23-8, ...The following information describes a company’s usage of direct labor in a recent period. Compute the direct labor rate and efficiency variances for the period. Actual direct labor hours used . . . . . . . . . . . . . . . ...Refer to Exercise 23-8. Hart Company records standard costs in its accounts and its material variances in separate accounts when it assigns materials costs to the Goods in Process Inventory account. In Exercise 23-8, Hart ...Kegler Company has set the following standard costs per unit for the product it manufactures.Direct materials (15 Ibs. @ $ 4 per Ib.) . . . . . . . . . . . $ 60.00Direct labor (3 hrs. @ $ 15 per hr.) . . . . . . . . . . . . ...
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