Carolina Furniture Company manufactures unfinished oak furniture. Carolina uses a standard cost system. The direct labor, direct

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Carolina Furniture Company manufactures unfinished oak furniture. Carolina uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:

Determine the standard cost per dining roomtable.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 07:30 AM

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Carolina Furniture Company manufactures unfinished oak furniture. Carolina uses a standard cost system. The direct labor, direct

Question:

standard rate standard time per unit Direct labor: Direct materials (oak) standard price Variable factory overhead: standard rate $17.00 per hour 3 hours $8.60 per board foot standard quantity 6 board feet $2.60 per direct labor hour $1.20 per direct labor hour Fixed factory overhead standard rate

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Direct labor 1700 3 hours 5100 Direct mate...View the full answer

Accounting

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