Question: 10-9 6 Help Save & Exit Check my work Marvel Parts, Inc., manufactures auto accessories. nearly any small car. The company has a standard cost
10-9 6 Help Save & Exit Check my work Marvel Parts, Inc., manufactures auto accessories. nearly any small car. The company has a standard cost system set for the seat covers, the factory should work 630 hours each month to produce 2,100 sets of covers. The standard costs a with this level of production are: One of the company's products is a set of seat covers that can be adjusted to fit in use for all of its products. According to the standards that have been ssociated Per Total of Covers 38,640 $18.40 6,300 3.00 Direct labor Variable manufacturing overhead (based on direct labor-hours) 3,150 .50 es $22.90 During August, the factory worked only 500 direct labor-hours and produced 2.000 sets of covers. The following actual costs recorded during the month: were Per Set Total of Direct materials (5,000 yards) Direct labor Variable manufacturing overhead $36,000 $18.00 $6,400 3.20 4,400 2.20 $23.40 At standard, each set of covers should require 2.3 yards of material. All of the materials purchased during the month were used in Required: Prev 1 of Next
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