13 Current Attempt in Progress Sandhill Company is planning to produce 1,100 units of product in...

Transcribed Image Text:

13 Current Attempt in Progress Sandhill Company is planning to produce 1,100 units of product in 2022. Each unit requires 2.6 pounds of materials at $4.8 per pound and a half-hour of labor at $14 per hour. The overhead rate is 90% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials $ Direct labor $ Overhead LA (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit 13 Current Attempt in Progress Sandhill Company is planning to produce 1,100 units of product in 2022. Each unit requires 2.6 pounds of materials at $4.8 per pound and a half-hour of labor at $14 per hour. The overhead rate is 90% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct materials $ Direct labor $ Overhead LA (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 2.75.) Standard cost $ Per Unit