During the year, Dorner Company produced 280,000 lathe components for industrial metal working machinery. Dorner’s direct materials and direct labor standards per unit are as follows:
Direct materials (8.45 lbs. @ $6.00).......... $50.70
Direct labor (1.80 hr. @ $15)............. 27.00
Required:
1. Compute the standard pounds of direct materials allowed for the production of 280,000 units.
2. Compute the standard direct labor hours allowed for the production of 280,000 units.