Larkin Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: ....... 2
Question:
Direct materials per unit: ....... 2 pounds at $5 per pound
Direct labor per unit: ........ 0.2 hours at $16 per hour
Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $20 per direct labor hour.
Compute the standard cost of one unit of product I-Tal.
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Related Book For 
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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