Question

CityScapes is a manufacturer of large flower pots for urban settings. The company has these standards:
Direct materials (resin)...................................................... 15 pounds per pot at a cost of $ 5.00
per pound Direct labor...................................................................... 2.0 hours at a cost of $ 13.00
per hour Standard variable manufacturing overhead..................... $ 6.00 per direct labor hour
Predetermined fixed manufacturing overhead rate......... $ 7.00 per direct labor hour

CityScapes allocates fixed manufacturing overhead to production based on standard ­direct labor hours.

Requirements
1. Compute the standard cost of each of the following inputs per bottle: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.
2. Determine the standard cost of one flower pot.




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  • CreatedAugust 27, 2014
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