problem 25-4a weygandt, financial & managerial accounting, 1e

Project Description:

kansas company uses a standard cost accounting system. in 2014, the company produced 28,500 units. each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. normal capacity was 49,750 direct labor hours. during the year, 130,600 pounds of raw materials were purchased at $0.94 per pound. all materials purchased were used during the year.
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