Jacque Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 2 pounds

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Jacque Company accumulated the following standard cost data concerning product I-Tal.
Direct materials per unit: 2 pounds at $5 per pound
Direct labor per unit: 0.2 hours at $15 per hour
Manufacturing overhead: Predetermined rate is 125% of direct labor cost
Compute the standard cost of one unit of product I-Tal.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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