Ridette Inc. accumulated the following standard cost data concerning product Cty31. Direct materials per unit: 1.5 pounds
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Ridette Inc. accumulated the following standard cost data concerning product Cty31.
Direct materials per unit: 1.5 pounds at $4 per pound Direct labor per unit: 0.25 hours at $13 per hour. Manufacturing overhead: predetermined rate is 120% of direct labor cost.
Compute the standard cost of one unit of product Cty31.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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